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One Way to Explain the Convexity of Isoquants Is to Say

Question 55

Multiple Choice

One way to explain the convexity of isoquants is to say that


A) as labor increases and capital decreases, One way to explain the convexity of isoquants is to say that A) as labor increases and capital decreases, rises while Falls. B) as labor increases and capital decreases, falls while rises. C) as labor increases and capital decreases, and both fall. D) as labor increases and capital decreases, and both rise.
rises while
One way to explain the convexity of isoquants is to say that A) as labor increases and capital decreases, rises while Falls. B) as labor increases and capital decreases, falls while rises. C) as labor increases and capital decreases, and both fall. D) as labor increases and capital decreases, and both rise.
Falls.
B) as labor increases and capital decreases, One way to explain the convexity of isoquants is to say that A) as labor increases and capital decreases, rises while Falls. B) as labor increases and capital decreases, falls while rises. C) as labor increases and capital decreases, and both fall. D) as labor increases and capital decreases, and both rise.
falls while
One way to explain the convexity of isoquants is to say that A) as labor increases and capital decreases, rises while Falls. B) as labor increases and capital decreases, falls while rises. C) as labor increases and capital decreases, and both fall. D) as labor increases and capital decreases, and both rise.
rises.
C) as labor increases and capital decreases, One way to explain the convexity of isoquants is to say that A) as labor increases and capital decreases, rises while Falls. B) as labor increases and capital decreases, falls while rises. C) as labor increases and capital decreases, and both fall. D) as labor increases and capital decreases, and both rise.
and
One way to explain the convexity of isoquants is to say that A) as labor increases and capital decreases, rises while Falls. B) as labor increases and capital decreases, falls while rises. C) as labor increases and capital decreases, and both fall. D) as labor increases and capital decreases, and both rise.
both fall.
D) as labor increases and capital decreases, One way to explain the convexity of isoquants is to say that A) as labor increases and capital decreases, rises while Falls. B) as labor increases and capital decreases, falls while rises. C) as labor increases and capital decreases, and both fall. D) as labor increases and capital decreases, and both rise.
and
One way to explain the convexity of isoquants is to say that A) as labor increases and capital decreases, rises while Falls. B) as labor increases and capital decreases, falls while rises. C) as labor increases and capital decreases, and both fall. D) as labor increases and capital decreases, and both rise.
both rise.

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