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corie corie
wrote...
Posts: 767
6 years ago
Two isoquants, which represent different output levels but are derived from the same production function, cannot cross because
A) isoquants represent different utility  levels
B) this would violate a technical efficiency condition
C) isoquants are downward sloping
D) additional inputs will not be used by profit maximizing firms if those inputs decrease output
E) Both B and D are true.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 36 times
1 Reply

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6 years ago
E
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