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Suppose Q = K^aL^b,if a + B > 1 the Isoquants

Question 2

Question 2

Multiple Choice

Suppose Q = K^aL^b,if a + b > 1 the isoquants will be

A) upward sloping.
B) progressively closer together at higher quantities.
C) progressively further apart at higher quantities.
D) equally spaced.

Correct Answer:

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