Multiple Choice
Refer to the information provided in Figure 7.9 below to answer the questions that follow. 
Figure 7.9
-Refer to Figure 7.9 The firm's isocost line could shift from AB to CD if
A) the price of capital increased.
B) the firm's total expenditures decreased by 25%.
C) the price of capital and labor each decreased by 33%.
D) the firm's total expenditures increased by 33% or the price of capital and labor each decreased by 25%.
Correct Answer:
Verified
Correct Answer:
Verified
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