The factor-price equalization theorem indicates that with


"The factor-price equalization theorem indicates that with free trade the real wage earned by labor becomes equal to the real rental rate earned by landowners." Is this correct or not? Why?

Solution Preview :

Prepared by a verified Expert
Business Management: The factor-price equalization theorem indicates that with
Reference No:- TGS02790238

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)