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

Author Question: The slope of the isoquant is (Read 80 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?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Slope Streaks in Acheron Fossae Slope Streaks in Acheron Fossae
Slope Failure and Lithology Slope Failure and Lithology
William A. Garnett, Erosion and Strip Farms, East Slope of the Tehachapi Mountains. William A. Garnett, Erosion and Strip Farms, East Slope of the Tehachapi Mountains.
Slope puzzle Slope puzzle
Slope Question Slope Question
Slope Question Slope Question
Video: Female Reproductive System - Hormonal regulation (GnRH) الجهاز التناسلي للأنثى - التنظيم الهرموني

For a complete list of videos, visit our video library