Question: Given the information in the attached diagram, which country can be predicted to have relatively more expensive wage rate for the use of labor
Given the information in the attached diagram, which country can be predicted to have relatively more expensive wage rate for the use of labor resources? Graph 3.0 Mesoure Endoements fer Twe Countrie: Maroland and Mcroland Tetal Capital (malion units) Mereland Resource Endowment Ber 1600 Meroland Resaurce Endowmant Bor 800 200 400 Tetal Liber (llen Unit) Oa Macroland Ob. Microland Oc Same wage rate predicted for both countries Od.Cannot be determine from the information given
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