Homework Answers
(a) K for Australia, Ka = 45000 m and Lf= 22 m. This gives K/L ratio = 2045.45
For Malaysia, K/L = 37000 m/ 15 m = 2466.67
This means Malaysia has more capital per worker than Australia,
hence Malaysia is K- abudant and Australia is L- abundant.
(b) Hence, Australia would produce Cloth as it is Labor Abundant.
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Hi cam you help me make a summary about this short article, and how it affects...
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Trump Has Promised to Bring Jobs Back. His Tariffs
Threaten to Send Them Away.
By Peter S.
Goodman
Jan. 6, 2019
HOLLAND,
Mich. — Plants in every direction shut down and moved their
operations to Mexico, succumbing to the relentless pressure to cut
costs in an age of globalization. Not EBW Electronics. As the
decades passed, the family-owned business...
macoroeconomics 1. Society as a whole faces opportunity costs because a. there is not enough money to go around...
macoroeconomics
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Answer questions above
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Hi cam you help me make a summary about this short article, and
how it affects me economically as US citizen?
Trump Has Promised to Bring Jobs Back. His Tariffs
Threaten to Send Them Away.
By Peter S.
Goodman
Jan. 6, 2019
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