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If with One Hour of Labor Time Nation a Can

Question 16

Multiple Choice

If with one hour of labor time nation A can produce either 3X or 3Y while nation B can produce either 1X or 3Y (and labor is the only input) :

A) Px/Py=1 in nation A
B) Px/Py=3 in nation B
C) Py/Px=1/3 in nation B
D) Px/Py=3 in nation A

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