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(Solved): Assume the country produces two goods, laptops and bicycles. Prices of laptops and bicycles are $3 a ...



Assume the country produces two goods, laptops and bicycles. Prices of laptops and bicycles are

$3

and

$5

respectively, while the MPL of laptop is 4 and is 2 for bikes. If this is true then Workers will not work at all Workers will move to laptop factory There is no incentive for workers to switch jobs Workers will move to Bicycles factory

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