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Author Question: The higher the level of output, the farther ________ the isoquant will lie. (Read 34 times)

audie

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on: Apr 19, 2019

Question 1

A graph showing ________ is an isoquant.


◦ all combinations of capital and labor that have the same total cost
◦ all combinations of capital and labor that a firm can use to produce a given amount of output
◦ all combinations of products desired by consumers
◦ all combinations of products that yield the same total utility

Question 2

The higher the level of output, the farther ________ the isoquant will lie.


◦ up and to the right
◦ down and to the right
◦ up and to the left
◦ down and to the left
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by audie on Apr 19, 2019

ansleighelindsey

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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audie

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

ghepp

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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