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If the cost of labor decreases the isocost line will A. stay the same. B. shift inward in parallel fashion. C. rotate outward around the point where only capital is employed in …

If the cost of labor decreases the isocost line will A. stay the same. B. shift inward in parallel fashion. C. rotate outward around the point where only capital is employed in …
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If the cost of labor decreases the isocost line will A. stay the same. B. shift inward in parallel fashion. C. rotate outward around the point where only capital is employed in production. D. shift outward in parallel fashion.

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User Shreekant
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3 votes

Answer:

C. rotate outward around the point where only capital is employed in production.

Step-by-step explanation:

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User Shiro
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