What is the condition for the surplus labor in agricultural

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Reference no: EM133401437

Question: In the Lewis two-sector model, what is the condition for the surplus labor in agricultural sector? What will be an indicator of exhausted surplus labor in agricultural sector? In the Lewis two-sector model, why is supply of labor in the modern sector perfectly elastic? In the Lewis two-sector model, how does capital accumulation occur in the Modern Sector?

Reference no: EM133401437

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