As a firm moves to higher isocost lines
A) its input price ratio increases. B) its profits increase.
C) its total cost increases. D) its revenue increases.
C
Economics
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Seasonal unemployment can occur when: a. a recent graduate is searching for his first job
b. a ski instructor is looking for a part-time job during summer. c. an engineer is looking for a new job after losing his job during a recession. d. a typist is looking for a new job as his skills have become obsolete in the current labor market.
Economics
Accounting that relates how growth in inputs of production are related to growth in output is called:
A. input to output accounting. B. national income accounting. C. production accounting. D. growth accounting.
Economics