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2. Trade and technology. 1'0 points Suppose that country A has 10,000 hours of work available for production. It initially has technology such that the
2. Trade and technology. 1'0 points Suppose that country A has 10,000 hours of work available for production. It initially has technology such that the hours of labor required to produce one unit of good S are 10, while those required to produce one unit of T are 100. Assume constant opportunity costs. (a) Graphicale represent the PPF of country A, being careful to label the axis. (b) Suppose that technological innovation doubles the labor productivity in both industries. What happens to the PPF of country A? Represent it graphically and explain
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