2 Labor and capital intensity across industries In the context of the Heckscher-Ohlin model with the two production factors capital and labor, we have discussed that industries differ in their labor and capital-intensities. (a) Define labor and capital-intensity of an industry. (b) Explain what we mean when we assume that there are no factor intensity reversals. Illustrate the case of a factor intensity reversal using a suitable diagram. (c) Imagine a variant of the Heckscher-Ohlin model with two production factors labor and land used in two industries. Define labor and land intensity of an industry in such a model. Can you think of examples of a land-intensive industry versus a labor-intensive industry?