One Way to Explain the Convexity of Isoquants Is to Say

question 53

Multiple Choice

One way to explain the convexity of isoquants is to say that

• A) as labor increases and capital decreases, MPL rises while MPK falls.
• B) as labor increases and capital decreases, MPL falls while MPK rises.
• C) as labor increases and capital decreases, MPL and MPK both fall.
• D) as labor increases and capital decreases, MPL and MPK both rise.

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Definitions:

Mucosa

The moist, inner lining of some organs and body cavities, such as the nose, mouth, lungs, and stomach.

Lumen

The interior space or cavity of a tubular organ or structure, such as an artery or intestine, through which fluids pass.

Fenestrations

Small openings or pores, often found in the endothelial cells of capillaries, that allow for the exchange of substances between blood vessels and surrounding tissues.

Filtration Slits

Narrow gaps between the podocytes in the glomerulus of the kidney through which filtration of blood plasma occurs.