We appreciate your visit to Increasing the amount of physical capital tends to output per hour of workers and the value of workers. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Increasing the amount of physical capital tends to increase the output per hour of workers and enhance the value of workers.
In production, physical capital refers to the tools, machinery, and equipment. The workers can utilize the advanced technology by expanding the physical workers, which further leads to an increase in production. This makes the increase in the value of workers overall.
The additional investment in the firm, can lead to improved technology and increased workers that made more efficient task performance. This output can also obtain in the given timeframe. This raises the market value of the product and increases in demand for their services.
To learn more about Physical capital
https://brainly.com/question/13568995
#SPJ4
Thanks for taking the time to read Increasing the amount of physical capital tends to output per hour of workers and the value of workers. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada