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