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Question 6 1 pts If the price of capital (r) rises. what is the impact on the unconditional demands for capital and labour by a
Question 6 1 pts If the price of capital (r) rises. what is the impact on the unconditional demands for capital and labour by a firm? [Tick all that apply] C] Both the substitution effect and scale effect push towards using less labour and capital. C] The substitution effect pushes towards using less capital while the scale effect pushes towards using less capital. C] None of the answers in this list are correct. C] The substitution effect pushes towards using more labour while the scale effect pushes towards using less labour. C] The substitution effect pushes towards using more capital while the scale effect pushes towards using less capital
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