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Exhibit 7-18 -Consider Exhibit 7-18. the Rotation from AB to AC Reflects

Question 14

Multiple Choice

Exhibit 7-18 Exhibit 7-18 -Consider Exhibit 7-18. The rotation from AB to AC reflects a(n) A) increase in the price of labor B) increase in the price of land C) decrease in the price of labor D) decrease in the price of land E) increase in the amount the producer can spend
-Consider Exhibit 7-18. The rotation from AB to AC reflects a(n)


A) increase in the price of labor
B) increase in the price of land
C) decrease in the price of labor
D) decrease in the price of land
E) increase in the amount the producer can spend

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