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"In Bangladesh, where labor is relatively abundant, bricks are produced with a lot of labor and very little capital. In England, where labor is scarce, bricks are produced with a lot of capital and very little labor. Construct a graph to show that it is possible for both Bangladesh and England to share the same production technology, and then explain the difference in their chosen input mixes".

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"In Bangladesh, where labor is relatively abundant, bricks are produced with a lot of labor and very little capital. In England, where labor is scarce, bricks are produced with a lot of capital and very little labor. Construct a graph to show that it is possible for both Bangladesh and England to share the same production technology, and then explain the difference in their chosen input mixes"

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  • 1. "In Bangladesh, where labor is relatively abundant, bricks are produced with a lot of labor and very little capital. In England, where labor is scarce, bricks are produced with a lot of capital and very little labor. Construct a graph to show that it is possible for both Bangladesh and England to share the same production technology, and then explain the difference in their chosen input mixes"