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Question 7

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Use the following to answer questions below:    -Refer to the isocost lines graph. Which of the following shifts represents a decrease in the wage rate of labor? A)  Line A to Line B B)  Line B to Line A C)  Line C to Line D D)  Line D to Line C
-Refer to the isocost lines graph. Which of the following shifts represents a decrease in the wage rate of labor?


A) Line A to Line B
B) Line B to Line A
C) Line C to Line D
D) Line D to Line C

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