The Optimal Combination of Joint Products That Are Produced in Variable

Multiple Choice

The optimal combination of joint products that are produced in variable proportions is found where

A) the marginal revenue from each product is equal to the marginal cost of producing each product.
B) the isorevenue line is tangent to the product transformation curve.
C) the isorevenue line is tangent to the relevant total cost curve.
D) None of the above is correct.