Question: A firm practices input substitution when it a . buys extra machines for its workers to use. b . replaces unskilled labor with automated machinery.
A firm practices input substitution when it
a buys extra machines for its workers to use.
b replaces unskilled labor with automated machinery.
c allows fixed cost to become variable.
d retrains Joe the welder as a painter and Pat the painter as a welder.
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