Assume that the country Lusitania has two industries, clothing production and computer chip production. At first, both industries have identical aggregate production functions.The following table shows how the output of each industry is affected by a change in the efficiency units of labor.

Econ 1101 Macro Principles-Lecture-Kelly-Spring 2024 Homework: HW 6 Growth and Productivity-Spring Question 10, Text Problem 8 2 U R) Mallika Khurana QO Points: 00f 3 HW Score: 62.59%, 13.14 of 21 points 03/17/241:22PM ( |9 Assume that the country Lusitania has two industries, clothing production and computer chip production. At first, both industries have identical aggregate production functions. The following table shows how the output of each industry is affected by a change in the efficiency units of labor. Y (in Millions |Stock of Physical | Efficiency Units 9 of Dollars) Capital (Units) of Labor 100 15,000 16,000 150 15,000 20,000 O 180 15,000 24,000 200 15,000 28,000 210 15,000 32,000 O Using the multipoint curve drawing tool, draw an aggregate production function with the efficiency units of labor on the x-axis. Carefully follow the instructions above, and only draw the required objects. X Etext pages Grapher Ask my instructor 220 210 200 190 = 180 170 160 230 v Q Q 0 4000 8000 12000 16000 20000 24000 28000 32000 Efficiency units of labor Clear all