Which of the Following Is Not True of Isoquants

question 32

Multiple Choice

Which of the following is not true of isoquants?

• A) They slope down and to the right.
• B) They are convex to the origin.
• C) Their slope equals the marginal rate of technical substitution.
• D) Output rises as you move along a specific isoquant.
• E) Isoquants closer to the origin represent lower output levels.

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Definitions:

Diversity Of Citizenship

A legal concept in the United States that allows federal courts to hear cases involving parties from different states or countries.

Amount In Controversy

The total amount of money or value at stake in legal proceedings.

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