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How do capital goods affect the GDP?
Investing in capital goods can increase productivity and / or workforce. These can affect the Gross Domestic Product if quality or number of products increase consequently.
Why are education and training consider a kind of capital?
They are a kind of human capital and they are called that because, like machinery, they are long-duration inputs that affect the productivity of labour.
List some factors that can affect productivity and some ways that productivity can be improved?
productivity is provide a measure to effective and efficient use resources
How does productivity affect supply?
no
Is a workers human capital and his or her resulting productivity the only determinants of that persons wage or salary?
No, like all resources, supply and demand also affect how much a worker is paid.
How do capital goods affect the GDP?
Investing in capital goods can increase productivity and / or workforce. These can affect the Gross Domestic Product if quality or number of products increase consequently.
Why are education and training consider a kind of capital?
They are a kind of human capital and they are called that because, like machinery, they are long-duration inputs that affect the productivity of labour.
List some factors that can affect productivity and some ways that productivity can be improved?
productivity is provide a measure to effective and efficient use resources
How does productivity affect supply?
no
How did mechanization affect coal mining?
The result was higher capital equipment requirement per worker, vast improvements in labor productivity, and a decline in labor requirements.
How do pests affect productivity?
they reduce it
Is a worker human capital and his or her resulting productivity the only determinants of that persons wage or salary?
No, like all resources, supply and demand also affect how much a worker is paid.
Is a workers human capital and his or her resulting productivity the ONLY determinates of that person's wage or salary?
No, like all resources, supply and demand also affect how much a worker is paid.
Is a worker's human capital and his or her resulting productivity the only determinants of that person's wage or salary?
No, like all resources, supply and demand also affect how much a worker is paid.
Is a workers human capital and his or her resulting productivity the only determinants of that persons wage or salary?
No, like all resources, supply and demand also affect how much a worker is paid.
How does economic interdependence affect productivity?
O
How can suppliers affect company's productivity?
they cant
