The Fact That Isoquants Are Downward Sloping Indicates

question 36

Multiple Choice

The fact that isoquants are downward sloping indicates

• A)the diminishing marginal productivity of a variable factor.
• B)the diminishing marginal productivity of a fixed factor.
• C)that each factor input has a negative marginal productivity.
• D)that a reduction in the use of one factor requires an increase in the use of the other factor in order to keep output constant.
• E)a change in relative factor prices,with output held constant.

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Definitions:

Optic Nerve

The nerve responsible for sending visual signals from the retina to the brain.

Glaucoma

A group of eye conditions that damage the optic nerve, often due to abnormally high pressure in the eye, and can lead to blindness if untreated.

Intraocular Pressure

The fluid pressure inside the eye, essential for maintaining the eye's shape and proper function, but elevated levels can lead to glaucoma.

Refractory Error

Optical errors in the eye causing imperfect focus of light on the retina, leading to blurred vision; includes conditions like myopia, hyperopia, and astigmatism.