When labor shifts from agriculture to manufacturing, why does the marginal product of capital increase, while the

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When labor shifts from agriculture to manufacturing, why does the marginal product of capital increase, while the marginal product of land falls?

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International Economics

ISBN: 9781319218508

5th Edition

Authors: Robert C. Feenstra, Alan M. Taylor

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Question Posted: Dec 30, 2022 12:35 AM

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When labor shifts from agriculture to manufacturing, why does the marginal product of capital increase, while the

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International Economics

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