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Refer to the Following Figure

Question 24

Multiple Choice

Refer to the following figure.The price of capital is $50 per unit: Refer to the following figure.The price of capital is $50 per unit: Which of the following combinations of capital and labor lies on the expansion path? A) 110K,120L B) 60K,120L C) 130K,200L D) 130K,175L Which of the following combinations of capital and labor lies on the expansion path?


A) 110K,120L
B) 60K,120L
C) 130K,200L
D) 130K,175L

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