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:

Misspelled

Incorrect spelling of a word, often leading to errors in text-based communications or documents.

Manually Locate

The action of finding or placing something without the aid of automatic tools or processes, often requiring direct user intervention.

Text Wrapping

A feature in word processing and desktop publishing applications that allows text to flow around images, shapes, or other objects in a document.

Circle Shape

A geometric figure with all points the same distance from its center, commonly used in diagrams and designs.