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Author Question: With capital on the vertical axis and labor on the horizontal axis, vertical isoquants imply that ... (Read 350 times)

tichca

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on: Jul 1, 2018
With capital on the vertical axis and labor on the horizontal axis, vertical isoquants imply that
 
  A) capital and labor are perfect substitutes.
  B) capital and labor must be used together in a certain proportion.
  C) capital is not productive.
  D) labor is not productive.

Question 2

The steeper an isoquant is,
 
  A) the greater is the marginal productivity of labor relative to that of capital.
  B) the greater is the substitutability between capital and labor.
  C) the greater is the need to keep capital and labor in fixed proportions.
  D) the greater is the level of output.
Microeconomics ¦ Perloff ¦ 8th Edition
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Zebsrer

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Reply #1 on: Jul 1, 2018
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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tichca

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Reply #2 on: Jul 1, 2018
Correct answers!


Zebsrer

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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