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The diagram to the right contains isocost lines A and B. If the price of labour is the same for both lines, then the difference
The diagram to the right contains isocost lines A and B. If the price of labour is the same for both lines, then the difference between isocost line A and isocost line B is that Part 2 A. the level of output is lower along Upper B. B. both capital and labour are cheaper along Upper B. C. capital is cheaper along Upper A. D. the total cost is larger along Upper A. E. capital is cheaper along Upper B. . . . Question content area right Part 1 Labour Capital Upper BUpper A
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