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Refer to the Following

Question 65

Multiple Choice

Refer to the following:
Refer to the following: -The shift from I to II was due to A) an increase in total cost. B) an increase in the price of labor. C) a decrease in the price of labor. D) an increase in the price of capital. E) a decrease in the price of capital.
-The shift from I to II was due to


A) an increase in total cost.
B) an increase in the price of labor.
C) a decrease in the price of labor.
D) an increase in the price of capital.
E) a decrease in the price of capital.

Correct Answer:

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