Multiple Choice
As relative prices in various industries change due to
Trade, the marginal product of fixed resources used in
The expanding industry __________, and the marginal
Product of fixed resources used in the contracting
Industry __________.
A) rises; falls
B) remains the same; remains the same
C) changes by exactly the same percentage; changes by exactly the same percentage
D) falls; rises
Correct Answer:
Verified
Correct Answer:
Verified
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