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Title: At the optimum combination of two inputs,:
Post by: corie on Oct 24, 2017
At the optimum combination of two inputs,
A) the slopes of the isoquant and isocost curves are equal.
B) costs are minimized for the production of a given output.
C) the marginal rate of technical substitution equals the ratio of input prices.
D) all of the above
E) A and C only


Title: Re: At the optimum combination of two inputs,
Post by: Bart_arg on Oct 24, 2017
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