Multiple Choice
Which of the following factors would not shift the cost curves of an automobile company upward?
A) a regulation requiring all automobiles be equipped with improved safety equipment
B) an increase in the price of steel used to make automobiles
C) an increase in the property tax on buildings and equipment used by the automobile company
D) An employee develops a new method of installing doors on the cars that requires half as many workers as before.
Correct Answer:
Verified
Correct Answer:
Verified
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