Multiple Choice
Use the following to answer questions :
Figure 7A-1
-Suppose a producer wants to increase production of good y from 100 to 200.Assume MPL/MPK and input prices remain constant.If point A in Figure 7A-1 represents the best possible combination of inputs for production of 100, which point represents the new best possible combination?
A) Point B
B) Point C
C) Point D
D) All of the above.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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