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In the Graph Below,the Price of Capital Is $500 Per

Question 48

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In the graph below,the price of capital is $500 per unit.Which of the following combinations of capital and labor lies on the expansion path? In the graph below,the price of capital is $500 per unit.Which of the following combinations of capital and labor lies on the expansion path? A) 500L,100K B) 800L,160K C) 1100L,220K D) both a and b E) none of the above


A) 500L,100K
B) 800L,160K
C) 1100L,220K
D) both a and b
E) none of the above

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