Answer :
In Zootopia, the physical capital per worker increased from $1 to $4 between January 1, 2019, and January 1, 2020. This increase in physical capital per worker can be attributed to a combination of capital accumulation
The increase in physical capital per worker in Zootopia can be explained by two factors: capital accumulation and a smaller growth rate in the number of workers compared to the rate of physical capital depreciation.
Firstly, capital accumulation refers to the process of adding more physical capital, such as machinery and equipment, to an economy.
In this case, the increase in physical capital per worker suggests that Zootopia has experienced capital accumulation over the course of the year.
Secondly, the smaller growth rate in the number of workers compared to the rate of physical capital depreciation also contributes to the increase in physical capital per worker.
The fact that the number of workers increased by 3% while physical capital depreciated by 6% means that the rate of capital depreciation exceeded the rate of worker growth. As a result, the physical capital available per worker increased.
The increase in physical capital per worker is an indicator of improved labor productivity and potential economic growth in Zootopia.
It suggests that each worker now has access to more capital, which can enhance their efficiency and output. This can lead to higher production levels and increased economic prosperity in the long run.
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The complete question is:
On January 1, 2019, Each Of Zootopia's 100 Workers Had $1 In Physical Capital. Over The Course Of The Year, Its 2019 Physical Capital Depreciates By 6%, And The Number Of Workers Increases By 3%. On January 1, 2020, Each Of Zootopia's Workers Had $4 In Physical Capital
On January 1, 2019, each of Zootopia's 100 workers had $1 in physical capital.
Over the course of the year, its 2019 physical capital depreciates by 6%, and the number of workers increases by 3%.
On January 1, 2020, each of Zootopia's workers had $4 in physical capital
