2. The determinants of productivitySuppose there is a simple hypothetical economy in which the only industry is cloud computing. In the cloud computing field, productivity-the amountof goods and services a worker can produce per hour-is measured by the number of lines of code one programmer authors per hour.Natural Resourcesper WorkerPhysical CapitalTechnologicalper WorkerKnowledgeIn the following table, select the appropriate productivity determinant that represents each example.ExamplesThe additional education workers receive fromnew computer science course offeringsA new data security process that makes theindustry's network more secureThe rare earth metals that serve as inputs toproduction of computersThe server hardware on which data is storedHuman Capitalper Worker°оо

Productivity is the ratio of amount of output produced and amount of a input used in that…

Suppose there is a simple hypothetical economy in which the only industry is cloud computing. In the cloud computing field, productivity-the amour of goods and services a worker can produce per hour-is measured by the number of lines of code one programmer authors per hour.

Suppose there is a simple hypothetical economy in which the only industry is cloud computing. In the cloud computing field, productivity-the amour of goods and services a worker can produce per hour-is measured by the number of lines of code one programmer authors per hour.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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