The Slope of an Isoquant Measures

question 150

Multiple Choice

The slope of an isoquant measures

• A)the price ratio of the two inputs.
• B)the average product of labor.
• C)the ratio of the marginal utility of the two inputs.
• D)the rate at which inputs can be substituted for each other keeping total output constant.

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Definitions:

Oligochaetes

A group of segmented worms, including earthworms, characterized by having a relatively small number of chaetae (bristles) compared to other polychaetes.

Proglottid

A segment of a tapeworm, containing both male and female reproductive organs, which can produce eggs and eventually detach from the main body.

Fertilized Eggs

Eggs that have been inseminated by sperm, initiating embryonic development that can lead to the birth of an offspring.

Prialt

A powerful painkiller derived from cone snail venom, used for treating severe chronic pain in certain conditions.