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-Which Graph in the Above Figure Represents the Isoquants Where

Question 27

Multiple Choice

  -Which graph in the above figure represents the isoquants where, as the amount of labor used increases and the amount of capital used decreases, the marginal product of labor rises (units of capital per day is on the vertical axis and units of labor per day is on the horizontal axis) ? A) Graph A B) Graph B C) Graph C D) Graph D
-Which graph in the above figure represents the isoquants where, as the amount of labor used increases and the amount of capital used decreases, the marginal product of labor rises (units of capital per day is on the vertical axis and units of labor per day is on the horizontal axis) ?


A) Graph A
B) Graph B
C) Graph C
D) Graph D

Correct Answer:

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