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Case 2 The marginal product of labor curves corresponding to the production mctions in case 1 are as follows: Workers Em . lo ed NIPL

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Case 2 The marginal product of labor curves corresponding to the production mctions in case 1 are as follows: Workers Em . lo ed NIPL in Sector 1 NEPL in Sector 2 a. Suppose that the price of good 2 relative to that of good I is 2. Determine graphically the wage rate and the allocation of labor between the two sectors. Workers '1'; Eli? m in $2.33; Employed Sector 2 \"1-\" m m 5,4 m mum \" mum

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