An Isocost Line Represents

Multiple Choice

An isocost line represents:

A) all the combinations of inputs to a production process that result in the same total costs of production.
B) all the combinations of inputs that result in the same amount of output.
C) all of the combinations of two inputs for which the amount of money spent on each of the inputs is equal.
D) all of the levels of output that result in the same total cost.