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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 150 times)

jrubin

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on: Jun 18, 2019


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.
Microeconomics ¦ Perloff ¦ 8th Edition
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Marked as best answer by jrubin on Jun 18, 2019

EAN94

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Reply #1 on: Jun 18, 2019
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
Excellent

bigcheese9

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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