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Given the Above Graph,as You Move from Point a to Point

Question 49

Multiple Choice

Given the above graph,as you move from point A to point B, A) output is unchanged. B) cost is unchanged. C) the rate at which the firm can substitute labor for capital while holding output constant decreases. D) both a and b E) both a and c Given the above graph,as you move from point A to point B,


A) output is unchanged.
B) cost is unchanged.
C) the rate at which the firm can substitute labor for capital while holding output constant decreases.
D) both a and b
E) both a and c

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