Figure 11-16 -Refer to Figure 11-16.The Figure Above Illustrates a Series of Illustrates

Multiple Choice

Figure 11-16

-Refer to Figure 11-16.The figure above illustrates a series of isoquants.Which of the following statements is true?

A) Points x, z, and y all represent the same output.
B) Points z and y represent the same output; this output is produced with more capital at z than at y.
C) Point x and y represent the same output but the cost of production at y is greater than the cost of production at x.
D) Point z represents a greater output than point x or point y.