Draw similar diagrams showing the following two situations: a. Country 1 has both higher output per worker
Question:
Draw similar diagrams showing the following two situations:
a. Country 1 has both higher output per worker and higher productivity than Country 2, but it has a lower level of factors of production than Country 2.
b. Country 1 has both higher output per worker and more factors of production than Country 2, but it has a lower level of productivity than Country 2.
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