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Other Fields Homework Help Economics Topic started by: john6969 on Nov 23, 2018



Title: If the costs of labor and capital increase in the same proportion, the isocost line will
Post by: john6969 on Nov 23, 2018
If the costs of labor and capital increase in the same proportion, the isocost line will
A) stay the same.
B) shift outward in a parallel fashion.
C) rotate inward around the point where only capital is employed in production.
D) shift inward in a parallel fashion.


Title: If the costs of labor and capital increase in the same proportion, the isocost line will
Post by: leavemealone on Nov 23, 2018
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