The length and height of an Edgeworth production box for any two industries:
A)have no economic meaning.
B)must always be equal.
C)indicate the amount of each input that is employed by the two industries.
D)indicate the amount of an input that is employed by any two industries.

Question

Quizplus · Accepted Answer

The length and height of an Edgeworth production box represent the total amount of two different inputs (e.g., labor and capital) available to two industries. Each axis measures the quantity of one input, showing how the inputs are allocated between the industries.

The Length and Height of an Edgeworth Production Box for Any