The contrasts in the transportation system are matched by those on farms and in factories. In general,

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The contrasts in the transportation system are matched by those on farms and in factories. In general, the more advanced the economy, the greater are the amount and sophistication of the capital equipment used in production. But again, the contrast is not all or nothing. Some factories in India, China, and other parts of Asia use the very latest technologies.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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