Refer to the following:
The price of capital is $100 per unit.
-Which of the following combinations of capital and labor lies on the expansion path?
A) 20K, 60L
B) 35K, 140L
C) 50K, 200L
D) all of the above
E) none of the above

Question

Refer to the following:
  The price of capital is $100 per unit.
-Which of the following combinations of capital and labor lies on the expansion path?
A) 20K, 60L 
B) 35K, 140L 
C) 50K, 200L 
D) all of the above 
E) none of the above

Quizplus · Accepted Answer

The Answer of Refer to the following:
  The price of capital is $100 per unit.
-Which of the following combinations of capital and labor lies on the expansion path?
A) 20K, 60L 
B) 35K, 140L 
C) 50K, 200L 
D) all of the above 
E) none of the above

Refer to the Following