Isoquants Are Usually Drawn Convex When Viewed from the Origin,assumption

question 79

Multiple Choice

Isoquants are usually drawn convex when viewed from the origin,assumption

• A) that both factors are subject to the law of diminishing returns.
• B) that the variable factor is subject to the law of diminishing returns.
• C) that both factors are subject to increasing returns.
• D) negative marginal productivity of all factors.
• E) the positive marginal productivity of all factors.

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Definitions:

Racial Hierarchies

A system of classification that ranks races or ethnic groups in a hierarchy based on perceived biology, cultural attributes, or perceived inferiority/superiority.

Biological Difference

Variations among individuals and groups in physical or genetic traits, often used in discussions contrasting with sociocultural influences.

Neocolonialization

A term referring to the form of indirect control that developed countries exert over developing countries, often through economic, social, and cultural pressures, following the end of direct colonial rule.

Color Line

A term originally used to describe the racial segregation in the United States, particularly in reference to African Americans and whites.