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In the Following Graph,the Price of Labor Is $15 Per

Question 50

Multiple Choice

In the following graph,the price of labor is $15 per unit.Which of the following combinations of capital and labor lies on the expansion path?


A) 15K,40L In the following graph,the price of labor is $15 per unit.Which of the following combinations of capital and labor lies on the expansion path? A) 15K,40L B) 18K,40L C) 30K,100L D) 21K,60L E) none of the above
B) 18K,40L
C) 30K,100L
D) 21K,60L
E) none of the above

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