Question: 1. Consider two countries that share the same production function, Y = AK1/4N3/4 but differ in the available resources. These are CountryA:A=6,K=4000andN=600 CountryB:A=6,K=4000andN=620 Provide an
1. Consider two countries that share the same production function, Y = AK1/4N3/4 but differ in the available resources. These are
CountryA:A=6,K=4000andN=600
CountryB:A=6,K=4000andN=620
Provide an economic (not mathematical) explanation for why the MPN in country A is different than the MPN in country B.
Provide an economic explanation for why the MPK in country A is different than the MPK in country B. Dear expert don't use AI boat also I need typed answer please don't submit handwritten answer .
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