If, instead of the situation given in Problem 5, the price of manufacturing were to fall by

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If, instead of the situation given in Problem 5, the price of manufacturing were to fall by 10%, would landowners or capital owners be better off? Explain. How would the decrease in the price of manufacturing affect labor? Explain.

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International Economics

ISBN: 978-1429278447

3rd edition

Authors: Robert C. Feenstra, Alan M. Taylor

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Question Posted: Feb 04, 2016 05:27 AM

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If, instead of the situation given in Problem 5, the price of manufacturing were to fall by

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International Economics

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