Figure 11-13 -Refer to Figure 11-13.The Lines Shown in the Diagram Are

question 272

Multiple Choice

Figure 11-13

-Refer to Figure 11-13.The lines shown in the diagram are isocost lines.Which of the following shows an increase in the price of labor while the price of capital remains unchanged?

• A)the movement from AF to BD
• B)the movement from AF to CE
• C)the movement from BF to BD
• D)the movement from BF to CE

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