????????????? Home ??????????????? M ? A??????????= ???????????? ? = 10 ???????????????????? = 5 ? = 10 ?
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????????????? Home ??????????????? M ? A??????????= ???????????? ? = 10 ???????????????????? = 5 ? = 10 ? a?? A b ???????????????=20???????????? C?????????
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Specific-factor model Consider a Specific-factors model where Home produces two goods M and A, using capital and land, respectively. Suppose under free-trade, P = P in equilibrium. Assume Home has 10 workers. Home's marginal product of labor in both industries are: 5 = a. Compute real wage in terms of A MPLM = LM 10 MPLA = b. Suppose L = 20 due to immigration, calculate the number of workers in each industry. c. Who gains from immigration? Specific-factor model Consider a Specific-factors model where Home produces two goods M and A, using capital and land, respectively. Suppose under free-trade, P = P in equilibrium. Assume Home has 10 workers. Home's marginal product of labor in both industries are: 5 = a. Compute real wage in terms of A MPLM = LM 10 MPLA = b. Suppose L = 20 due to immigration, calculate the number of workers in each industry. c. Who gains from immigration?
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