Suppose That Each Worker Must Use Only One Shovel to Dig

question 114

Multiple Choice

Suppose that each worker must use only one shovel to dig a trench,and shovels are useless by themselves.In the long run,an increase in the price of shovels will result in

• A) fewer shovels being purchased to produce the same number of trenches.
• B) more workers being hired to produce the same number of trenches.
• C) the firm wishing to produce more trenches.
• D) no change in the firm's input mix.

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Definitions:

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