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-Which Graph in the Above Figure Represents the Isoquants Where,as

Question 73

Multiple Choice

  -Which graph in the above figure represents the isoquants where,as the amount of labor used increases and the amount of capital used decreases,the marginal product of labor rises when capital per day is on the vertical axis and labor per day is on the horizontal axis? A)  Graph A B)  Graph B C)  Graph C D)  Graph D
-Which graph in the above figure represents the isoquants where,as the amount of labor used increases and the amount of capital used decreases,the marginal product of labor rises when capital per day is on the vertical axis and labor per day is on the horizontal axis?


A) Graph A
B) Graph B
C) Graph C
D) Graph D

Correct Answer:

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