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Author Question: If the cost of capital increases the isocost line will A) stay the same. B) shift outward in ... (Read 85 times)

Shelles

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on: Jul 1, 2018
If the cost of capital increases the isocost line will
 
  A) stay the same.
  B) shift outward in parallel fashion.
  C) rotate inward around the point where only labor is employed in production.
  D) shift inward in parallel fashion.

Question 2

Suppose the production possibilities for two countries, producing either food or clothing, are shown in the above figure. They can each produce any linear combination as well. Once free trade is allowed, Canada will produce
 
  A) no clothing.
  B) 10 units of clothing.
  C) 20 units of clothing.
  D) 5 units of clothing.
Microeconomics ¦ Perloff ¦ 8th Edition
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olderstudent

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Reply #1 on: Jul 1, 2018
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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Shelles

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Reply 2 on: Jul 1, 2018
Wow, this really help

atrochim

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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