Economy, asked by anni258, 11 months ago

How does capital add to the productivity of labour?

Answers

Answered by keshav3693
8
The workers are the labor and the machines are the capital. In order to increase productivity, each worker must be able to produce more output
Answered by namanjain5467
0

Answer:

An increase in capital per hour (or capital deepening) leads to an increase in labor productivity. For example, consider factory workers in a motor vehicle plant. If workers have increased access to machinery and tools to build vehicles, they can produce more vehicles in the same amount of time

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