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navik [9.2K]
3 years ago
15

Consider a simple economy whose only industry is fishing. in this industry, productivity—the amount of goods and services a work

er can produce per hour—is measured by the number of fish one fisherman catches per hour.
Business
1 answer:
arsen [322]3 years ago
6 0
I think i is not right to base the productivity of the fisherman in per hour basis because fisherman goes to the sea and catch fish not on a daily basis. maybe the correct way to express it is per trip they go to the sea. because if it hourly basis then the productivity is very small.
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