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Rken Rken
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Posts: 403
Rep: 3 0
7 years ago
When a firm substitutes away from a factor whose price has risen and toward a factor whose price has fallen, it is an example of the
A) output effect of a factor price decrease.
B) factor complementary effect.
C) output substitution effect.
D) factor substitution effect.
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DeToXiFYDeToXiFY
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Posts: 668
7 years ago
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Rken Author
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7 years ago
Thanks a lot
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