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Costa Costa
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6 years ago
If two factors of production are substitutable and the price of one rises relative to the price of the other, the firm will tend to use less of the more expensive factor, substituting the less expensive factor for it.

True or False?
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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EngelEngel
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6 years ago
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Costa Author
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6 years ago
Good timing, thanks!
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Yesterday
Brilliant
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2 hours ago
Helped a lot
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