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tudanglong tudanglong
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2 years ago
Movement from one point to another along an isocost line implies a change in

▸ the level of output, independent of what happens to factor combinations.

▸ factor combinations, holding expenditure constant.

▸ output levels, holding factor combinations constant.

▸ expenditure.

▸ factor prices.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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callisonrcallisonr
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tudanglong Author
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2 years ago
Brilliant ツ
jakechambo3
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Yesterday
this is exactly what I needed
MLynneMcMillan
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2 hours ago
Smart ... Thanks!
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