Figure 7.3.2
-Refer to Figure 7.3.2 above. Which of the following changes, which causes the move from A to B?
A) The price of one of the inputs
B) the productivity of inputs
C) The quantity to be produced
D) The budget of the producer

Question

Figure 7.3.2
-Refer to Figure 7.3.2 above. Which of the following changes, which causes the move from A to B?
A) The price of one of the inputs 
B) the productivity of inputs 
C) The quantity to be produced 
D) The budget of the producer

Quizplus · Accepted Answer

The price of one of the inputs affects the producer's budget constraint, causing the move from A to B.

Figure 7.3.2 -Refer to Figure 7.3.2 Above. Which of the Following Changes