Title: The slope of an isoquant tells us Post by: pirex on Oct 18, 2017 The slope of an isoquant tells us
A) how much output increases when both inputs are increased. B) the increase in MPL when capital increases. C) the decrease in capital necessary to keep output constant when labor increases by one unit. D) the decrease in capital necessary to keep MPL constant when labor increases by one unit. Title: Re: The slope of an isoquant tells us Post by: Tyforumca on Oct 18, 2017 C
|