=+1. Home has 1,200 units of labor available. It can produce two goods, apples and bananas. The
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=+1. Home has 1,200 units of labor available. It can produce two goods, apples and bananas.
The unit labor requirement in apple production is 3, while in banana production it is 2.
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Related Book For
International Economics
ISBN: 9780132146654
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
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