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If the firm changes its labor and capital from point to point Select one: a.it will exhaust its budget but its output will stay the
If the firm changes its labor and capital from point to point
Select one:
a.it will exhaust its budget but its output will stay the same.
b.its budget situation will improve since
Cis a lower point on the graph.
c.its total and marginal cost will increase greater than the budget allows.
d.diminishing returns will set in.
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