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One Way to Explain the Convexity of Isoquants Is to Say

Question 72

Multiple Choice

One way to explain the convexity of isoquants is to say that


A) as labor increases and capital decreases, One way to explain the convexity of isoquants is to say that A)  as labor increases and capital decreases,   rises while   falls. B)  as labor increases and capital decreases,   falls while   rises. C)  as labor increases and capital decreases,   and   both fall. D)  as labor increases and capital decreases,   and   both rise. rises while One way to explain the convexity of isoquants is to say that A)  as labor increases and capital decreases,   rises while   falls. B)  as labor increases and capital decreases,   falls while   rises. C)  as labor increases and capital decreases,   and   both fall. D)  as labor increases and capital decreases,   and   both rise. falls.
B) as labor increases and capital decreases, One way to explain the convexity of isoquants is to say that A)  as labor increases and capital decreases,   rises while   falls. B)  as labor increases and capital decreases,   falls while   rises. C)  as labor increases and capital decreases,   and   both fall. D)  as labor increases and capital decreases,   and   both rise. falls while One way to explain the convexity of isoquants is to say that A)  as labor increases and capital decreases,   rises while   falls. B)  as labor increases and capital decreases,   falls while   rises. C)  as labor increases and capital decreases,   and   both fall. D)  as labor increases and capital decreases,   and   both rise. rises.
C) as labor increases and capital decreases, One way to explain the convexity of isoquants is to say that A)  as labor increases and capital decreases,   rises while   falls. B)  as labor increases and capital decreases,   falls while   rises. C)  as labor increases and capital decreases,   and   both fall. D)  as labor increases and capital decreases,   and   both rise. and One way to explain the convexity of isoquants is to say that A)  as labor increases and capital decreases,   rises while   falls. B)  as labor increases and capital decreases,   falls while   rises. C)  as labor increases and capital decreases,   and   both fall. D)  as labor increases and capital decreases,   and   both rise. both fall.
D) as labor increases and capital decreases, One way to explain the convexity of isoquants is to say that A)  as labor increases and capital decreases,   rises while   falls. B)  as labor increases and capital decreases,   falls while   rises. C)  as labor increases and capital decreases,   and   both fall. D)  as labor increases and capital decreases,   and   both rise. and One way to explain the convexity of isoquants is to say that A)  as labor increases and capital decreases,   rises while   falls. B)  as labor increases and capital decreases,   falls while   rises. C)  as labor increases and capital decreases,   and   both fall. D)  as labor increases and capital decreases,   and   both rise. both rise.

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