Multiple Choice
Consider two countries,labeled 1 and 2.If each has the production function
,i = 1,2,the only difference between the two countries is that
)
A) Country 2 will not produce anything,ceteris paribus.
B) Country 2 will produce more than Country 1,ceteris paribus.
C) Country 1 will produce more than Country 2,ceteris paribus.
D) Each will produce the same amount,ceteris paribus.
E) Not enough information is given.
Correct Answer:

Verified
Correct Answer:
Verified
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