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Author Question: In the above figure, Graph D with Capital on the vertical axis and labor on the horizontal axis implies that (Read 192 times)

jrubin

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In the above figure, Graph D with Capital on the vertical axis and labor on the horizontal axis implies that
◦ capital and labor have to be employed in fixed proportions.
◦ the marginal product of labor is decreasing as more labor is employed.
◦ the capital and labor are perfect substitutes.
◦ the marginal product of labor is increasing as more labor is employed.


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Marked as best answer by jrubin on Jun 18, 2019

EAN94

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jrubin

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Reply 2 on: Jun 18, 2019
Thanks for the timely response, appreciate it


peter

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Reply 3 on: Yesterday
Excellent

 

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