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The Slope of an Isoquant Tells Us

Question 53

Multiple Choice

The slope of an isoquant tells us


A) how much output increases when both inputs are increased.
B) the increase in The slope of an isoquant tells us A) how much output increases when both inputs are increased. B) the increase in when capital increases. C) the decrease in capital necessary to keep output constant when labor increases by one unit. D) the decrease in capital necessary to keep constant when labor increases by one unit. when capital increases.
C) the decrease in capital necessary to keep output constant when labor increases by one unit.
D) the decrease in capital necessary to keep The slope of an isoquant tells us A) how much output increases when both inputs are increased. B) the increase in when capital increases. C) the decrease in capital necessary to keep output constant when labor increases by one unit. D) the decrease in capital necessary to keep constant when labor increases by one unit. constant when labor increases by one unit.

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