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Author Question: Isocost curves represent A) least cost combinations of inputs. B) combinations of inputs that ... (Read 105 times)

amal

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on: Jul 1, 2018
Isocost curves represent
 
  A) least cost combinations of inputs.
  B) combinations of inputs that can be purchased given their prices for the same total cost.
  C) a producers cost function.
  D) None of the above

Question 2

Which of the following can reduce the number of cars imported?
 
  A) a tariff
  B) a quota
  C) a ban
  D) All of the above.


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juiceman1987

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


amal

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

Perkypinki

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

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