TheCat2197 TheCat2197
  • 15-02-2024
  • Business
contestada

An economy can produce good 1 using labor and capital and good 2 using labor and land. The total supply of labor is 100 units. Given the supply of capital, how do the outputs of the two goods depend on labor?
A) Only good 1 depends on labor
B) Only good 2 depends on labor
C) Both goods 1 and 2 depend on labor
D) Neither goods 1 nor 2 depend on labor

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