Business, 01.03.2021 22:20 perezesmeralda78

Consider the following data on the factor endowments of two countries, A and B. Reminder: In order to get full credit you must show ALL calculations!!
Countries
A B
Labor Force 97 44
Capital Stock 153 23
What is the capital/labor ratio in the country that is relatively capital abundant? Round to two decimal places.

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Consider the following data on the factor endowments of two countries, A and B. Reminder: In order...

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