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    Foundations of Economics
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    Exam 10: Production and Cost
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    Cost Curves Shift If I. Technology Changes
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Cost Curves Shift If I. Technology Changes

Question 24

Question 24

Multiple Choice

Cost curves shift if i. technology changes.
Ii. the prices of factors of production change.
Iii. productivity changes.


A) only i
B) i and iii
C) only ii
D) i and ii
E) i, ii, and iii

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