Question: This exercise applies the basic Ricardian model of one factor and two goods. The table below contains the unit labor requirements in Home for each

This exercise applies the basic Ricardian model of one factor and two goods. The table below contains the unit labor requirements in Home for each of two goods. Sausage Glue Home aLS = 6 hours per pound aLG = 5 hours per gallon where' 3L5 = number of labor hours needed to produce a unit of sausage in Home; 3L6 = number of labor hours needed to produce a unit of glue in Home; PS 2 the price per pound of sausage PG 2 the price per gallon of glue. lfthe price per pound of sausage (P3) is $12, the hourlyr wage rate in the sausage sector of Home's economyr will be 0 A. $0.5. O B. $72. 0 :3. $2. 0 D. $12

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