Author Question: As we move downward along a typical isoquant, the slope of the isoquant A) becomes flatter. B) ... (Read 135 times)

karateprodigy

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As we move downward along a typical isoquant, the slope of the isoquant
 
  A) becomes flatter.
  B) becomes steeper.
  C) remains constant.
  D) becomes linear.

Question 2

Two bonds of equal risk are for sale on the secondary bond market. The two bonds have the same face value, and both mature in 10 years. Bond A pays 10 per year and bond B pay 15 per year. Which bond will sell for a higher price?
 
  A) Bond A
  B) Bond B
  C) They will sell for the same price.
  D) The relative prices will depend on the expected interest rate over the next 10 years.



TheDev123

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Answer to Question 1

A

Answer to Question 2

B



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