If the cost of capital decreases the isocost line will

A) stay the same.
B) shift outward in parallel fashion.
C) rotate outward around the point where only labor is employed in production.
D) shift inward in parallel fashion.

C

Economics

You might also like to view...

The revenue received from the sale of ________ of a product is a marginal benefit to the firm

A) an additional unit B) only profitable units C) the total number of units D) no units

View
Economics

Rawls argued in favor of income inequality

a. True b. False

View
Economics