Question: If the fixed costs for two competing technologies remain the same, but both of their variable costs increase by 70%, the quantity that represents the

If the fixed costs for two competing technologies

If the fixed costs for two competing technologies remain the same, but both of their variable costs increase by 70%, the quantity that represents the point of indifference between choosing one technology over the other will: Decrease by a factor of 1.7 Increase by approximately 60% Increase by approximately 40% Decrease by approximately 40% Increase by a factor of 1.7

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