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BrendanOO7 BrendanOO7
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6 years ago
If an increase in the cost of labor causes the firm to use less capital, then
A) the scale effect has dominated over the substitution effect.
B) the substitution effect has dominated over the scale effect.
C) the firm has moved along an isoquant curve.
D) the firm has moved onto a higher isoquant.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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alanialani
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6 years ago
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BrendanOO7 Author
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6 years ago
Helped a lot
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This helped my grade so much Perfect
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