Multiple Choice
The fact that isoquants are downward sloping indicates
A) a change in relative factor prices.
B) the diminishing marginal productivity of a variable factor.
C) the diminishing marginal productivity of a fixed factor.
D) that a reduction in the use of one factor requires an increase in the use of the other factor in order to keep output constant.
E) that each factor input has a negative marginal productivity.
Correct Answer:

Verified
Correct Answer:
Verified
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