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Other Fields Homework Help Economics Topic started by: SebKom on Nov 14, 2017



Title: Output is produced with capital and labor. If the price of capital goes up,
Post by: SebKom on Nov 14, 2017
Output is produced with capital and labor. If the price of capital goes up,
A) the price of output will fall.
B) output will be increased.
C) the firm will use more labor per unit of output produced. 
D) None of the above will result when the price of capital goes up.


Title: Re: Output is produced with capital and labor. If the price of capital goes up,
Post by: MattV on Nov 14, 2017
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