The Specific Factors Model The production function for manufactures is given by OM=OM(K, LM) (3-1) where OM is the economy's output of manufactures K is the economy 's capital stock LMis the labor force employed in manufactures The production function for food is given by OF-OF(T 3-2 where Q F IS the economy s out tput of food Tis the economy's supply of land LF is the labor force employed in food Copyright C 2003 Pearson Education, Inc Slide 3-6Copyright © 2003 Pearson Education, Inc. Slide 3-6 • The production function for manufactures is given by QM = QM (K, LM) (3-1) where: – QM is the economy’s output of manufactures – K is the economy’s capital stock – LM is the labor force employed in manufactures • The production function for food is given by QF = QF (T, LF ) (3-2) where: – QF is the economy’s output of food – T is the economy’s supply of land – LF is the labor force employed in food The Specific Factors Model