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(Figure: Capital and Labor VIII) the Movement in the Isocost

Question 9

Multiple Choice

(Figure: Capital and Labor VIII) The movement in the isocost line is caused by a(n) : (Figure: Capital and Labor VIII)  The movement in the isocost line is caused by a(n) :   A)  increase in the rental rate of capital. B)  decrease in the rental rate of capital. C)  decrease in the wage rate. D)  increase in the wage rate.


A) increase in the rental rate of capital.
B) decrease in the rental rate of capital.
C) decrease in the wage rate.
D) increase in the wage rate.

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