Multiple Choice
The fact that isoquants are downward sloping indicates
A) the diminishing marginal productivity of a variable factor.
B) the diminishing marginal productivity of a fixed factor.
C) that each factor input has a negative marginal productivity.
D) a change in relative factor prices,with output held constant.
E) that a reduction in the use of one factor requires an increase in the use of the other factor in order to keep output constant.
Correct Answer:

Verified
Correct Answer:
Verified
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