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    Exam 5: The Production Process and Costs
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    The Leontief Production Function Implies
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The Leontief Production Function Implies

Question 173

Question 173

Multiple Choice

The Leontief production function implies:


A) straight-line isoquants.
B) convex-shaped isoquants.
C) A positive MRTS.
D) L-shaped isoquants.

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