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Use the Following to Answer Questions 21-22

Question 69

Multiple Choice

Use the following to answer questions 21-22:
Table 6.3 Use the following to answer questions 21-22: Table 6.3 -(Table 6.3) This table illustrates a _____ production function because capital and labor _____. A) short-run; are used in equal increments B) long-run; can both be varied C) long-run; are used in equal increments D) short-run; can both be varied
-(Table 6.3) This table illustrates a _____ production function because capital and labor _____.


A) short-run; are used in equal increments
B) long-run; can both be varied
C) long-run; are used in equal increments
D) short-run; can both be varied

Correct Answer:

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