What is the change in the rental of land

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In the specific-factors model, what is the change in the rental of land, given the following information?

Manufacturing: Sales revenue = $200; Payments to labor=$120; Payments to capital = $80

Agriculture: Sales revenue = $200; Payment to labor = $100; Payments to land = $100

Percentage increase in Price: Manufacturing = 10%; Agriculture = 0%

Percentage increase in wage in both industries = 5%

Reference no: EM133232459

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