In Equilibrium,labor Will Be Allocated Across Industries in Such a Way

question 68

Multiple Choice

In equilibrium,labor will be allocated across industries in such a way that the:

• A)real wage is highest in the most profitable industries.
• B)capital-to-labor ratio is equalized across industries.
• C)wages are equalized across industries.
• D)the economic rents are equalized across industries.

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