In the following table, match each example to the productivity determinant it represents. Human Capital Examples A route fishing boats can follow to maximize their catch at different points in the day The boats in the fishing fleet The fertile waters in which the fish feed and breed The skills workers develop through training before working on and piloting boats Ⓡ Natural Resource 0 00 Physical Capital Ö 00 O Technological Knowledge 00 O
In the following table, match each example to the productivity determinant it represents. Human Capital Examples A route fishing boats can follow to maximize their catch at different points in the day The boats in the fishing fleet The fertile waters in which the fish feed and breed The skills workers develop through training before working on and piloting boats Ⓡ Natural Resource 0 00 Physical Capital Ö 00 O Technological Knowledge 00 O
Chapter19: Externalities And Public Goods
Section: Chapter Questions
Problem 19.2P
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Question
![Consider a simple economy whose only industry is fishing. In this industry, productivity-the amount of goods and services a worker can produce per
hour-is measured by the number of fish one fisherman catches per hour.
In the following table, match each example to the productivity determinant it represents.
Human
Capital
Examples
A route fishing boats can follow to maximize their catch at
different points in the day
The boats in the fishing fleet
The fertile waters in which the fish feed and breed
The skills workers develop through training before working on
and piloting boats
Natural
Resource
Physical
Capital
Technological
Knowledge](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3cb251eb-a387-49be-8f91-90d574d793df%2Fb732b53c-5d0b-4fde-b949-5da40a3bcbdc%2Fn52egr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider a simple economy whose only industry is fishing. In this industry, productivity-the amount of goods and services a worker can produce per
hour-is measured by the number of fish one fisherman catches per hour.
In the following table, match each example to the productivity determinant it represents.
Human
Capital
Examples
A route fishing boats can follow to maximize their catch at
different points in the day
The boats in the fishing fleet
The fertile waters in which the fish feed and breed
The skills workers develop through training before working on
and piloting boats
Natural
Resource
Physical
Capital
Technological
Knowledge
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