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    Economics Study Set 10
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    Exam 26: Factor Markets With Emphasis on the Labor Market
  5. Question
    The Marginal Factor Cost (MFC) Curve for a Factor Price
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The Marginal Factor Cost (MFC) Curve for a Factor Price

Question 26

Question 26

Multiple Choice

The marginal factor cost (MFC) curve for a factor price taker is


A) vertical.
B) horizontal.
C) downward sloping.
D) upward sloping.

Correct Answer:

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