In the above graph,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.

Question

In the above graph,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.

Quizplus · Accepted Answer

The Answer of  In the above graph,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.

In the Above Graph,the Shift from I to II Was