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FIGURE 8- 4

Question 19

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FIGURE 8- 4 FIGURE 8- 4 -Refer to Figure 8- 4.The firm is initially operating at point B.An improvement in technology would be represented by A) a movement toward point D. B) a new isocost curve. C) a movement toward the origin. D) a new isoquant map. E) a shift to the curve indicated by Q = 2000.
-Refer to Figure 8- 4.The firm is initially operating at point B.An improvement in technology would be represented by


A) a movement toward point D.
B) a new isocost curve.
C) a movement toward the origin.
D) a new isoquant map.
E) a shift to the curve indicated by Q = 2000.

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