How does capital add to the productivity of labour?
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Hey buddy here is ur answer ....
From these two examples, it is clear that the only way to achieve labor productivity growth is to increase the amount of capital, physical and/or human, available to workers. And in the long run, the only way for overall productivity to increase is though increases in the capital used in production.
Hope u like !!!
☺ BE BRAINLY ☺
From these two examples, it is clear that the only way to achieve labor productivity growth is to increase the amount of capital, physical and/or human, available to workers. And in the long run, the only way for overall productivity to increase is though increases in the capital used in production.
Hope u like !!!
☺ BE BRAINLY ☺
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