13) Consider a technology exhibiting diminishing MRTS. If capital is fixed, but a firm varies labor A) the firm stays on the same isoquant. B) the firm moves to a new isoquant. C) the firm might move to a new isoquant, depending on how much labor is added. D) the firm's output will not change E) None of the above .

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Chapter1: Making Economics Decisions
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13) Consider a technology exhibiting diminishing MRTS. If capital is fixed, but a firm
varies labor
A) the firm stays on the same isoquant.
B) the firm moves to a new isoquant.
C) the firm might move to a new isoquant, depending on how much labor is added.
D) the firm's output will not change
E) None of the above .

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