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If the Isoquants Are Straight Lines or L-Shaped,then a Cost-Minimizing

Question 95

Multiple Choice

If the isoquants are straight lines or L-shaped,then a cost-minimizing firm will


A) not be able to minimize costs.
B) find the lowest isocost line touching the relevant isoquant.
C) find the highest isocost line touching the relevant isoquant.
D) choose not to produce any output.

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