FIGURE 8- 4
-Refer to Figure 8- 4. The firm is initially operating at point B. An improvement in technology would be represented by
A) a new production function.
B) a new isoquant map.
C) a shift to the curve indicated by Q = 2000.
D) a movement toward point D.
E) a movement toward the origin.

Question

FIGURE 8- 4
-Refer to Figure 8- 4. The firm is initially operating at point B. An improvement in technology would be represented by
A) a new production function. 
B) a new isoquant map. 
C) a shift to the curve indicated by Q = 2000. 
D) a movement toward point D. 
E) a movement toward the origin.

Quizplus · Accepted Answer

The Answer of  FIGURE 8- 4
-Refer to Figure 8- 4. The firm is initially operating at point B. An improvement in technology would be represented by
A) a new production function. 
B) a new isoquant map. 
C) a shift to the curve indicated by Q = 2000. 
D) a movement toward point D. 
E) a movement toward the origin.

FIGURE 8- 4 -Refer to Figure 8- 4. the Firm Is Initially Operating