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The Curve in the Following Diagram Is Called an __________

Question 15

Multiple Choice

The curve in the following diagram is called an __________, and its slope (ignoring the Negative sign) indicates the ratio __________.
The curve in the following diagram is called an __________, and its slope (ignoring the Negative sign) indicates the ratio __________. A) . isoquant; w/r B) isoquant; MPP<sub>L</sub>/MPP<sub>K</sub> C) isocost line; w/r D) isocost line; MPP<sub>L</sub>/MPP<sub>K</sub>


A) . isoquant; w/r
B) isoquant; MPPL/MPPK
C) isocost line; w/r
D) isocost line; MPPL/MPPK

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