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An Isocost Line Shows

Question 145

Multiple Choice

An isocost line shows


A) all the possible combinations of two inputs that a firm can use to produce its output.
B) all the possible combinations of two inputs a firm can use that have the same total cost.
C) all the possible combinations of two inputs a firm can use that have the same marginal cost.
D) all the possible combinations of two inputs with constant returns to scale.

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