Consider 2 countries, Holland and Sweden (H and S). The marginal productivities of one year of labor in the industries

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answerhappygod
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Consider 2 countries, Holland and Sweden (H and S). The marginal productivities of one year of labor in the industries

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Consider 2 countries, Holland andSweden (H and S). The marginal productivities of one year oflabor in the industries Machinery (M) and Furniture (F) are givenin the following table:
Marginal Productivity of One Year ofLabor
Machinery (tons)
Furniture (tons)
Holland
3
3
Sweden
2
4
Each country has a population of 10 million people, all of whomprovide one unit of Labor.
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