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Guataragualize is a small tropical country.Its economy produces two goods, bananas (B) and socks (S).Its only input is labor (L), and both goods have linear
Guataragualize is a small tropical country.Its economy produces two goods, bananas (B) and socks (S).Its only input is labor (L), and both goods have linear production technologies, such that it takes 2 units oflabor to produce one unit of S and 3 units of labor to make one B.You may assume that all markets arecompetitive in this economy.
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