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    Exam 11: Technology, Production, and Costs
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    Figure 11-13 -Refer to Figure 11-13.The Lines Shown in the Diagram Are
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Figure 11-13 -Refer to Figure 11-13.The Lines Shown in the Diagram Are

Question 14

Question 14

Multiple Choice

Figure 11-13
Figure 11-13    -Refer to Figure 11-13.The lines shown in the diagram are isocost lines.Which of the following shows a decrease in the price of capital while the price of labor remains unchanged? A) the movement from AF to BF B) the movement from BF to AF C) the movement from BF to BD D) the movement from BF to CE
-Refer to Figure 11-13.The lines shown in the diagram are isocost lines.Which of the following shows a decrease in the price of capital while the price of labor remains unchanged?


A) the movement from AF to BF
B) the movement from BF to AF
C) the movement from BF to BD
D) the movement from BF to CE

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