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Physical Capital Year 1 Physical Capital Year 2 Physical Capital Year 3 Labour 300 800 1000 1200 Labour 600 800 1000 1200 Labour 900 800
Physical Capital Year 1 Physical Capital Year 2 Physical Capital Year 3 Labour 300 800 1000 1200 Labour 600 800 1000 1200 Labour 900 800 1000 1200 Using the table and the aggregate production function: Y/L = 80(K/L)0-5 Calculate the output per worker if the labour is held constant at 300 and the physical capital is in year 2. *** Round your answer to the nearest whole number***
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