A Firm's Isocost Line Shifts Parallel Outward from the Original

question 81

Multiple Choice

A firm's isocost line shifts parallel outward from the original isocost line as its

• A) total cost for capital and labor increases.
• B) total cost for capital and labor decreases.
• C) total cost for capital increases and its total cost for labor decreases.
• D) total cost for capital decreases and its total cost for labor increases.

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