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A Change in the Supply of One Factor of Production

Question 406

Multiple Choice

A change in the supply of one factor of production


A) will not change either the marginal productivities or the prices of other factors.
B) will not change the prices of other factors, but it may change their marginal productivities.
C) will not change the marginal productivities of other factors, but it may change their prices.
D) changes the marginal productivities and the prices of other factors.

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