Which of the Following Is NOT Related to the Slope

question 15

Multiple Choice

Which of the following is NOT related to the slope of isoquants?

• A) The fact that inputs have positive marginal product
• B) The fact that inputs have diminishing marginal product
• C) The fact that input prices are positive
• D) The fact that more of either input increases output
• E) The fact that there are diminishing returns to inputs

---

Definitions:

Generics

Non-branded products that are sold without a trademark and are equivalent in quality to branded products.

Commodities

Basic goods used in commerce that are interchangeable with other goods of the same type.

Procurement Costs

Expenses associated with acquiring goods and services needed for business operations.

Number Of Suppliers

This refers to the total count of individual suppliers that a business sources its materials, goods, or services from.