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Refer to Figure 8-6

Question 5

Multiple Choice

Refer to Figure 8-6.Suppose this firm is producing 3000 golf tees and is at point F on the isoquant map.In order to maintain its output and minimize costs this firm should


A) not change its use of factors.
B) move to an isoquant closer to the origin.
C) move to an isocost line further from the origin.
D) employ more labour and less capital.
E) employ more capital and less labour.

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