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In the Above Graph,the Shift from I to II Was

Question 17

Multiple Choice

  In the above graph,the shift from I to II was due to A) an increase in total cost. B) an increase in the price of labor. C) a decrease in the price of labor. D) an increase in the price of capital. E) a decrease in the price of capital. In the above graph,the shift from I to II was due to


A) an increase in total cost.
B) an increase in the price of labor.
C) a decrease in the price of labor.
D) an increase in the price of capital.
E) a decrease in the price of capital.

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