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Figure 7-16   In Figure 7-16, as We Move from a to B

Question 44

Multiple Choice

Figure 7-16  
Figure 7-16   In Figure 7-16, as we move from A to B, A) the relative price of machines falls. B) total cost falls. C) output increases. D) labor becomes less productive relative to capital.
In Figure 7-16, as we move from A to B,


A) the relative price of machines falls.
B) total cost falls.
C) output increases.
D) labor becomes less productive relative to capital.

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