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Suppose that the United States and Canada can each produce two products: lumber and beef. Draw table like the one below, showing labor requirements...
Suppose that the United States and Canada can each produce two products: lumber and beef.
Draw table like the one below, showing labor requirements per unit of output for each country. (Hint: Choose numbers for each country that are easily divisible by one another.)
Labor Requirements per Unit of Output
United StatesCanadaLumber
Beef