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A) Is Surburbia a Labor­ or a Capital­abundant Country

Question 115

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   A) Is Surburbia a labor­ or a capital­abundant country? Explain your answer. B) What is the price of good X in autarky? With free trade? C) How many units of what product are exported? How many units of what product are imported? D) Has the marginal product of labor in good X production increased or decreased? Explain your answer. E) Has the marginal product of capital in good Y production increased or decreased? Explain your answer.
A) Is Surburbia a labor­ or a capital­abundant country?
Explain your answer.
B) What is the price of good X in autarky? With free trade?
C) How many units of what product are exported? How
many units of what product are imported?
D) Has the marginal product of labor in good X production
increased or decreased?
Explain your answer.
E) Has the marginal product of capital in good Y production
increased or decreased?
Explain your answer.

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A) Surburbia is a labor­abundant country...

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