Solved

In the Following Diagram

Question 29

Multiple Choice

In the following diagram,
In the following diagram,   At factor prices (w/r) <sub>I</sub>, good X is the __________, and, at factor prices (w/r) <sub>II</sub>, good Y is The __________. A)  labor-intensive good; labor-intensive good B)  labor-intensive good; capital-intensive good C)  capital-intensive good; labor-intensive good D)  capital-intensive good; capital-intensive good
At factor prices (w/r) I, good X is the __________, and, at factor prices (w/r) II, good Y is The __________.


A) labor-intensive good; labor-intensive good
B) labor-intensive good; capital-intensive good
C) capital-intensive good; labor-intensive good
D) capital-intensive good; capital-intensive good

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions