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One of the main differences between production processes among different parts of the world has to do with the quality of capital. Many development economists point out the fact that high-income countries usually have access to more and better capital than lessdeveloped counties. What would be the effect of this difference in terms of Isoquants used by high-income countries versus the Isoquants used by low-income countries? Use an Isoquant map in order to illustrate your answer.
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