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Other Fields Homework Help Economics Topic started by: Mairoon on Oct 18, 2017



Title: When the isocost line is tangent to the isoquant, then
Post by: Mairoon on Oct 18, 2017
When the isocost line is tangent to the isoquant, then
A) MPL = MPK.
B) the firm is producing that level of output at minimum cost.
C) the firm has achieved the right economies of scale.
D) All of the above.


Title: Re: When the isocost line is tangent to the isoquant, then
Post by: Tyforumca on Oct 18, 2017
B