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PaulKet PaulKet
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6 years ago
One way to explain the convexity of isoquants is to say that
A) as labor increases and capital decreases,   rises while   falls.
B) as labor increases and capital decreases,   falls while   rises.
C) as labor increases and capital decreases,   and   both fall.
D) as labor increases and capital decreases,   and   both rise.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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forrestforrest
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6 years ago
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