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Other Fields Homework Help Economics Topic started by: nakungth on Oct 24, 2017



Title: An isoquant: (Multiple Choice)
Post by: nakungth on Oct 24, 2017
An isoquant
A) must be linear.
B) cannot have a negative slope.
C) is a curve that shows all the combinations of inputs that yield the same total output.
D) is a curve that shows the maximum total output as a function of the level of labor input.
E) is a curve that shows all possible output levels that can be produced at the same cost.


Title: Re: An isoquant (Multiple Choice Question)
Post by: LBCea on Oct 24, 2017
C


Title: Re: An isoquant (Multiple Choice Question)
Post by: nakungth on Aug 15, 2018
A+ answer, ty