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    Economics
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    Exam 13: Firms Production Decisions
  5. Question
    When Are the Factor Inputs, Labour and Capital, Perfect Substitutes
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When Are the Factor Inputs, Labour and Capital, Perfect Substitutes

Question 13

Question 13

Essay

When are the factor inputs, labour and capital, perfect substitutes and how does this affect the shape of the isoquant line?

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The two factor inputs labour a...

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