For each part below, determine whether the following actions will increase or decrease productivity, and name the component ofproductivity that each affects.a. The local government builds a new school.b. Teachers in the new school hold classes for youngstudents.c. A manufacturer installs robots on its assembly line.d. A research team designs a more efficient system ofirrigation.e. A soda company discovers a new source of undergroundwater that can be used to make its products.f. A professor writes a new and improved economicstextbook.g. A large number of people have less access to healthcare.h. A worker receives on-the-job training to be amechanic.Impact on productivity(Click to selec(Click to selec(Click to selec(Click to selec(Click to selec(Click to selec(Click to selec(Click to selec✓Component ofproductivity(Click to select)Physical capitalTechnologyHuman capitalNatural resources(Click to selec(Click to selec(Click to select)(Click to selec(Click to selec+ For each part below, determine whether the following actions will increase or decrease productivity, and name the component ofproductivity that each affects.a. The local government builds a new school.b. Teachers in the new school hold classes for youngstudents.c. A manufacturer installs robots on its assembly line.d. A research team designs a more efficient system ofirrigation.e. A soda company discovers a new source of undergroundwater that can be used to make its products.f. A professor writes a new and improved economicstextbook.g. A large number of people have less access to healthcare.h. A worker receives on-the-job training to be amechanic.Impact on productivity✓ (Click to select)IncreaseDecrease(Click to selec(Click to selec(Click to selec(Click to selec(Click to selec(Click to selecComponent ofproductivity(Click to selec(Click to selec(Click to selec(Click to selec(Click to selec(Click to select)(Click to selec(Click to selec+

The construction of a new school typically increases productivity in the long run. While the…

a. The local government builds a new school. b. Teachers in the new school hold classes for young students. c. A manufacturer installs robots on its assembly line. d. A research team designs a more efficient system of irrigation. e. A soda company discovers a new source of underground water that can be used to make its products. f. A professor writes a new and improved economics textbook. g. A large number of people have less access to health care. h. A worker receives on-the-job training to be a mechanic. (Click to selec (Click to selec (Click to selec (Click to selec (Click to selec (Click to selec (Click to selec (Click to selec (Click to select) Physical capital Technology Human capital Natural resources | (Click to selet J (Click to selec (Click to select) (Click to selec (Click to selec

a. The local government builds a new school. b. Teachers in the new school hold classes for young students. c. A manufacturer installs robots on its assembly line. d. A research team designs a more efficient system of irrigation. e. A soda company discovers a new source of underground water that can be used to make its products. f. A professor writes a new and improved economics textbook. g. A large number of people have less access to health care. h. A worker receives on-the-job training to be a mechanic. (Click to selec (Click to selec (Click to selec (Click to selec (Click to selec (Click to selec (Click to selec (Click to selec (Click to select) Physical capital Technology Human capital Natural resources | (Click to selet J (Click to selec (Click to select) (Click to selec (Click to selec

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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