In the Specific Factors Model,at the General Equilibrium,the Slope of the Production

question 14

Multiple Choice

In the specific factors model,at the general equilibrium,the slope of the Production possibilities frontier (PPF) is

• A) equal to the ratio between the marginal products of labor in each sector.
• B) equal to the ratio between the prices for textiles and food.
• C) tangent of an iso-value line.
• D) all of the above.

---

Definitions:

Engelhardt

Refers to an individual or concept relevant to a specific scholarly or professional field, possibly associated with ethics or philosophy, requiring additional context for specificity.

Impaired Newborns

Impaired newborns are infants experiencing health issues due to congenital disabilities, infection, injury during birth, or prematurity that affect their normal body functions.

Moral Duty

An obligation to act in a way considered morally right, often based on societal norms, ethical principles, or personal beliefs.

Tristram Engelhardt Jr.

An American philosopher known for his contributions to bioethics, emphasizing the moral pluralism and conflicts in modern healthcare.