subject
Business, 24.10.2019 21:43 montgomerykarloxc24x

Consider the economies of sporon and tralfamadore, both of which produce gaggles of gop using only tools and workers. suppose that, during the course of 40 years, the level of physical capital per worker rises by 5 tools per worker in each economy, but the size of each labor force remains the same. complete the following tables by entering productivity (in terms of output per worker) for each economy in 2023 and 2063. year sporon physical capital labor force output productivity (tools per worker) (workers) (gaggles of gop) (gaggles per worker) 2023 7 30 1,800 2063 12 30 2,160 year tralfamadore physical capital labor force output productivity (tools per worker) (workers) (gaggles of gop) (gaggles per worker) 2023 4 30 900 2063 9 30 1,620 initially, the number of tools per worker was higher in sporon than in tralfamadore. from 2023 to 2063, capital per worker rises by 5 units in each country. the 5-unit change in capital per worker causes productivity in sporon to rise by a amount than productivity in tralfamadore. this illustrates the effect.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:40
Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
Answers: 1
question
Business, 22.06.2019 17:30
One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.
Answers: 2
question
Business, 22.06.2019 20:10
Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.
Answers: 1
question
Business, 23.06.2019 02:40
This year, druehl, inc., will produce 60 comma 000 hot water heaters at its plant in delaware, in order to meet expected global demand. to accomplish this, each laborer at the plant will work 200 hours per month. if the labor productivity at the plant is 0.25 hot water heaters per labor hour, how many laborers are employed at the plant? number of laborers employed by the plant = nothing laborers (round your answer to the nearest whole number).
Answers: 2
You know the right answer?
Consider the economies of sporon and tralfamadore, both of which produce gaggles of gop using only t...
Questions
question
Business, 19.12.2020 22:30
question
Mathematics, 19.12.2020 22:30
Questions on the website: 13722362