This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The slope of the isoquant is (Read 31 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Apr 19, 2019

Question 1

The total cost curve for a firm can be derived from isoquants and isocost lines by


◦ varying the prices of capital and labor and keeping total expenditure constant.
◦ varying production technologies, but keeping input prices and expenditure levels constant.
◦ varying total expenditures while keeping input prices and production technology constant.
◦ varying the price of either capital or labor while keeping total expenditures and production technology constant.

Question 2

The slope of the isoquant is


◦ -
MPL/
MPK.
◦ the marginal rate of technical substitution.
◦ negative.
◦ All of these are correct.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by anshika on Apr 19, 2019

ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Apr 19, 2019
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.
Answer Preview
Only 29% of students answer this correctly


anshika

  • Hero Member
  • *****
  • Posts: 510
Reply #2 on: Apr 19, 2019
Excellent


ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

The north-facing slope at this site supports a Mediterranean woodland, while the vegetation on the s The north-facing slope at this site supports a Mediterranean woodland, while the vegetation on the s
Slope Fire Slope Fire
Slope Question Slope Question
Slope Question Slope Question
A 60-kg skier starts from rest from the top of a 50-m high slope. If the work done by friction ... A 60-kg skier starts from rest from the top of a 50-m high slope. If the work done by friction ...
Derive the following using the increment/delta method and find its slope Derive the following using the increment/delta method and find its slope
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library