-Refer to the Figure Above

question 40

Multiple Choice

-Refer to the figure above. A firm's isocost line would shift from A to C if

• A) the firm's budget increased and the factor costs remained the same.
• B) the budget increased and also the cost of labour increased.
• C) the firm's budget stayed the same, but the cost of the two factors increased by the same percentage.
• D) the firm's budget stayed the same, but cost of the two factors decreased by the same percentage.

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Definitions:

Hyper-

A prefix denoting above normal, excessively high, or increased in quantity.

Hypo-

A prefix denoting below, under, or less than normal, often used in medical terms to indicate a deficient or decreased state.

Angi/o

is a prefix related to blood vessels or lymph vessels.

Arteri/o

A prefix used in medical terms related to arteries, the blood vessels that carry oxygenated blood away from the heart.