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  3. Study Set
    Managerial Economics
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    Exam 5: Production Theory
  5. Question
    Lines That Represent Bundles of Inputs That Cost the Same
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Lines That Represent Bundles of Inputs That Cost the Same

Question 3

Question 3

Multiple Choice

Lines that represent bundles of inputs that cost the same total amount are called:


A) total cost curves.
B) isocost curves.
C) cost curves.
D) isoquants.
E) isoprofit curves.

Correct Answer:

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