Why Are Isoquants Negatively Sloped

question 64

Multiple Choice

Why are isoquants negatively sloped?

• A)Along a single isoquant, the firm can substitute the use of one input for another while holding the total level of output constant.
• B)Due to the effects of diseconomies of scale.
• C)Because the farther the isoquant is from the origin, the higher the level of output.
• D)Because price and quantity demanded are inversely related.

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