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Other Fields Homework Help Economics Topic started by: insherro on Jan 23, 2017



Title: Graphically, all else constant, a decrease in the price of labor would be illustrated by:
Post by: insherro on Jan 23, 2017
Graphically, all else constant, a decrease in the price of labor would be illustrated by:
A) a parallel shift of the isocost line in toward the origin.
B) rotating the isocost line away from the origin along the labor axis.
C) a parallel shift of the isocost line away from the origin.
D) rotating the isocost line in toward the origin along the capital axis.


Title: Re: Graphically, all else constant, a decrease in the price of labor would be illustrated by:
Post by: toogoo on Jan 23, 2017
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