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12th Grade Agriculture Quizzes, Questions & Answers

Spark curiosity and test your child’s 12th grade Agriculture knowledge with our engaging quizzes! Perfect for practice at home or in the classroom—encourage learning through play and exploration.

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Econ.

Questions: 20  |  Attempts: 1294   |  Last updated: Aug 29, 2023
  • Sample Question
    Suppose that the wage is $20 per hour in a two-sector (manufacturing and agriculture) specific-factors model. Currently, the prices of manufactured and agricultural outputs are $5 and $1, respectively; the marginal product of labor in the manufactured sector is 6 units per hour; and the marginal product of labor in the agricultural sector is 10 units per hour. What will happen to the distribution of labor between the two sectors?
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