Multiple Choice
The following figure shows the isoquants,IQ1 and IQ2,for a competitive firm.
Figure 16-1
-Refer to Figure 16-1.As compared to point B,the firm uses _____ at point A.
A) less labor and more capital
B) more labor and less capital
C) less capital and labor
D) more capital and labor
Correct Answer:

Verified
Correct Answer:
Verified
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