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Figure 7.4 Alt text for Figure 7.4: In figure 7.4, a graph representing per-worker production functions.
Long description for Figure 7.4: The x-axis is labelled, capital per hour worked, K/L.The y-axis is labelled, real GDP per hour worked, Y/L.3 concave curves originating from 0 at the vertex are shown.5 points A ($50000, $15000) , B ($60000, $16000) , C ($70000, $16400) , D ($60000, $17000) , and E ($60000, $15000) are plotted.The curve labelled, Production function 1, passes through point E.The curve labelled, Production function 2, passes through points A, B, and C.The curve labelled, Production function 3, passes through point D.These 5 points are connected to their respective coordinates on the x-axis and y-axis with dotted lines.
-Refer to Figure 7.4.Many countries in Africa strongly discouraged and prohibited foreign direct investment in the 1950s and 1960s.By doing so, these countries were essentially preventing a movement from
Liver
A vital organ in the body that performs essential functions such as detoxification, protein synthesis, and production of biochemicals necessary for digestion.
Small Intestine
The small intestine is a long, coiled tube in the digestive system where most of the digestion and absorption of nutrients occurs.
Gastrin
A hormone secreted by the stomach that stimulates secretion of gastric acid.
Stomach
A muscular hollow organ in the gastrointestinal tract of humans and many animals, where digestion of proteins begins.
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