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-Refer to Exhibit 17-2

Question 82

Multiple Choice

-Refer to Exhibit 17-2.Assume that the starting point is always point 1.Which of the production function graphs shown,(a) or (b) ,represents an increase in the quantity of labor,and which represents an increase in the quantity of capital,respectively? A) (a) ; (a) B) (b) ; (a) C) (a) ; (b) D) (b) ; (b) -Refer to Exhibit 17-2.Assume that the starting point is always point 1.Which of the production function graphs shown,(a) or (b) ,represents an increase in the quantity of labor,and which represents an increase in the quantity of capital,respectively? A) (a) ; (a) B) (b) ; (a) C) (a) ; (b) D) (b) ; (b)
-Refer to Exhibit 17-2.Assume that the starting point is always point 1.Which of the production function graphs shown,(a) or (b) ,represents an increase in the quantity of labor,and which represents an increase in the quantity of capital,respectively?


A) (a) ; (a)
B) (b) ; (a)
C) (a) ; (b)
D) (b) ; (b)

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