Business
Business, 28.12.2019 02:31, armon15

Consider a hypothetical economy in which onlycomputers and shoes are produced and in whichcomputer production is capital intensive compared withshoe production. if two resources are being used, laborand capital, then any increase in immigration in thelong run:

a. will cause the capital­labor ratio to increase in thecomputer industry.
b. will cause the capital­labor ratio to increase in theshoe industry.
c. will cause the capital­labor ratio to increase in boththe industries.
d. will increase the number of workers employed in theshoe industry

answer
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Consider a hypothetical economy in which onlycomputers and shoes are produced and in whichcomputer p...

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