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Other Fields Homework Help Economics Topic started by: hiusy98 on Jan 23, 2017



Title: An isocost line represents: (Multiple Choice)
Post by: hiusy98 on Jan 23, 2017
An isocost line represents:
A) all the combinations of inputs to a production process that result in the same total costs of production.
B) all the combinations of inputs that result in the same amount of output.
C) all of the combinations of two inputs for which the amount of money spent on each of the inputs is equal.
D) all of the levels of output that result in the same total cost.


Title: Re: An isocost line represents:
Post by: andyborzi on Jan 23, 2017
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Title: Re: An isocost line represents:
Post by: hiusy98 on Mar 27, 2017
This course was so challenging before I signed up here, thanks