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Refer to the Information Provided in Figure 7

Question 198

Multiple Choice

Refer to the information provided in Figure 7.8 below to answer the question(s) that follow. Refer to the information provided in Figure 7.8 below to answer the question(s) that follow. Figure 7.8 -Refer to Figure 7.8. The firm is currently along isocost CD. If the price of capital is $25, then the price of labor is A) $1. B) $25. C) $80. D) indeterminate from the information given. Figure 7.8
-Refer to Figure 7.8. The firm is currently along isocost CD. If the price of capital is $25, then the price of labor is


A) $1.
B) $25.
C) $80.
D) indeterminate from the information given.

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