After a firm makes both short and long run adjustments to its production plan following an increase in the output price,
A. the marginal product of capital will be higher.
B. the marginal product of labor will be lower.
C. the technical rate of substitution will be unchanged.
D. (a) and (c)
E. (b) and (c)
F. (a) and (b)
G. All of the above.
H. We cannot tell for sure -- so none of the above.
Answer: G
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