A straight-line isoquant A) is impossible. B) would indicate ...

[big1devin]

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]

Answer to Question 1

E

Answer to Question 2

T