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Suppose That at a Point on an Isoquant,the Following Information

Question 88

Multiple Choice

Suppose that at a point on an isoquant,the following information is true: MP_L = 3 and MP_K = 2.Then if K falls by 5,L must increase by:

A) 0.30.
B) 0.67.
C) 3.33.
D) 1.50.

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