Solved

In an Edgeworth Production Box Diagram,if Two Isoquants Intersect,it Means

Question 21

Multiple Choice

In an Edgeworth production box diagram,if two isoquants intersect,it means that:


A) the well-being of the two consumers can be improved without changing the output of either good.
B) the marginal rate of substitution between consumers does not equal the marginal rate of technical substitution.
C) by allocating inputs differently between firms,output can be increased at no additional cost.
D) consumers are not facing the same output price ratio.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions