The least-cost combination occurs where:
A) the isocost line cuts through the isoquant curve.
B) on the uppermost of the two points where the isocost line cuts through the isoquant curve.
C) where the isocost line is just tangential to the isoquant curve.
D) as long as the isoquant line doesn't touch the isocost line.
Correct Answer:
Verified
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