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Title: If an isocost line crosses the isoquant twice, a cost minimizing firm will Post by: Mairoon on Oct 18, 2017 If an isocost line crosses the isoquant twice, a cost minimizing firm will
A) use a different isocost line to select the bundle of inputs. B) use the input bundle associated with the intersection on the higher point of the isoquant. C) use the input bundle associated with the intersection on the lower point of the isoquant. D) Both B and C. Title: Re: If an isocost line crosses the isoquant twice, a cost minimizing firm will Post by: LBCea on Oct 18, 2017 Content hidden
Title: Re: If an isocost line crosses the isoquant twice, a cost minimizing firm will Post by: Mairoon on Aug 14, 2018 Thanks. This is just start. ;)
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