From the scattergram given in Figure 2.9, what general conclusions do you draw? What is the economic

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From the scattergram given in Figure 2.9, what general conclusions do you draw? What is the economic theory that underlies this scattergram?

10 11 12 6. Scarce land; Abundant land; less skilled workers more skilled workers More manufactu res More raw materials

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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