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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