Ceteris paribus,in which of the following instances would the increase in labour productivity be the largest?

Question

Quizplus · Accepted Answer

The largest increase in labour productivity would occur when the increase in the stock of capital goods exceeds the increase in inputs of labour. This is because capital goods can enhance the efficiency and effectiveness of labour, allowing workers to produce more output with the same amount of effort. When the increase in capital is greater than the increase in labour, the added capital can be more fully utilized, leading to a larger increase in output per worker.

Ceteris Paribus,in Which of the Following Instances Would the Increase