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The condition p a .mpl a = w = p b .mpl b for both labour markets in a Specific Factors model implies: a) The
The condition pa.mpla = w = pb.mplb for both labour markets in a Specific Factors model implies:
a) The economy is somewhere on the ppf.
b)The economy is on the ppf and the value of output is being maximized.
c)The economy is inside the ppf.
d)There is unemployment
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