Author Question: A straight-line isoquant A) is impossible. B) would indicate that the firm could switch from ... (Read 67 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
A straight-line isoquant
 
  A) is impossible.
  B) would indicate that the firm could switch from one output to another costlessly.
  C) would indicate that the firm could not switch from one output to another.
  D) would indicate that capital and labor cannot be substituted for each other in production.
  E) would indicate that capital and labor are perfect substitutes in production.

Question 2

The poor have demonstrated a marked ability to move out of poverty when economic opportunities improved.
 
  Indicate whether the statement is true or false



TINA

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

E

Answer to Question 2

T



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library