If a profit-maximizing firm is producing at the tangency between an isoquant and an isocost line, then a movement along the current isocost line
A)decreases total cost.
B)increases total cost.
C)decreases output.
D)increases output.
E)keeps output constant.

Question

Quizplus · Accepted Answer

The Answer of If a profit-maximizing firm is producing at the tangency between an isoquant and an isocost line, then a movement along the current isocost line
A)decreases total cost.
B)increases total cost.
C)decreases output.
D)increases output.
E)keeps output constant.

If a Profit-Maximizing Firm Is Producing at the Tangency Between