Using the production function and notation in the text, what does K/L measure?
A) average wages per worker
B) human capital per worker
C) output per worker
D) physical capital per worker

Name: Using the production function and notation in the text, what does K/L measure? A) average wages per worker B) human capital per worker C) output per worker D) physical capital per worker
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Quizplus · Accepted Answer

K/L measures physical capital per worker, as K represents capital and L represents labor (or workers).

Using the Production Function and Notation in the Text, What