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pirex pirex
wrote...
Posts: 634
6 years ago
The slope of an isoquant tells us
A) how much output increases when both inputs are increased.
B) the increase in MPL when capital increases.
C) the decrease in capital necessary to keep output constant when labor increases by one unit.
D) the decrease in capital necessary to keep MPL constant when labor increases by one unit.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 70 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home

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wrote...
6 years ago
C
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