Business, 03.03.2020 17:29 sheilashair

Suppose again that furniture production is more capital-intensive relative to clothing production, which is more labor-intensive. If the relative price of furniture to clothingrises, this will:.A. lower the incomes of both labor and capital owners. B. raise the income of labor owners. C. raise the income of both labor and capital owners. D. raise the income of capital owners.

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Suppose again that furniture production is more capital-intensive relative to clothing production, w...

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