As Figure 6 is drawn, the cone of diversification is defined by capital intensities ˜k1 and ˜k2, and there is a free-trade equilibrium with one set of equilibrium factor prices, where w is the wage rate and r is the profit rate
As Figure 6 is drawn, the cone of diversification is defined by capital intensities ˜k1 and ˜k2,and there is a free-trade equilibrium with one set of equilibrium factor prices, where w is thewage rate and r is the profit rate
As Figure 6 is drawn, The cone of Diversification is defined by Capital intensities ~k1 and ~k2, and there is a free-Trade Equilibrium Equilibrium with One Set of factor prices, Where W is The Wage rate and R is The profit rate.
As Figure 6, is drawn the cone of diversification is defined by capital intensities ˜ K1 and ˜ K2 and, there is a free-trade. Equilibrium with one set of equilibrium, factor prices where W is the wage rate and R is the profit rate.