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    Agricultural Economics
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    Exam 5: Optimal Input Selection
  5. Question
    An Isoquant Shape Is Derived From
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An Isoquant Shape Is Derived From

Question 2

Question 2

Multiple Choice

An isoquant shape is derived from:


A) the Law of Diminishing Marginal Returns
B) scarcity
C) profit-maximization
D) decisions on which inputs to buy

Correct Answer:

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