ABSTRACT
In Chapter IV we considered the case in which the factors of production were completely specialized on producing particular products. In Chapter V we examined the opposite extreme where there was a single factor of production which was completely unspecialized as between different occupations. In Chapter VI we examined one intermediate case in which the factors of production were not completely specialized but had certain comparative advantages in producing various products. In this chapter we shall examine another intermediate case in which there are two factors, one completely specialized and one completely unspecialized.
