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
|