Multiple Choice
In the two-sector (manufacturing and agriculture) specific-factors model, the slope of the production possibilities curve equals:
A) the ratio of marginal products of capital in the two sectors.
B) the ratio of marginal products of labor utilized in the two sectors.
C) the ratio of outputs produced in the two sectors.
D) the ratio of land and capital utilized in the two sectors.
Correct Answer:
Verified
Correct Answer:
Verified
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