If the Isoquants Are Straight Lines or L-Shaped,then a Cost-Minimizing

question 95

Multiple Choice

If the isoquants are straight lines or L-shaped,then a cost-minimizing firm will

• A) not be able to minimize costs.
• B) find the lowest isocost line touching the relevant isoquant.
• C) find the highest isocost line touching the relevant isoquant.
• D) choose not to produce any output.

---

Definitions:

Natural Selection

A process in biological evolution where organisms with traits better suited to their environment are more likely to survive and reproduce.

Gene Flow

The transfer of genetic variants or alleles from one population to another, which can lead to changes in genetic diversity.

Mutation

A change in the DNA sequence of an organism's genome, which can result in a variation in physical appearance, behavior, or health.

Breeding Populations

Populations of organisms that interbreed with each other more frequently than with members of other populations, often used in the context of genetics and evolutionary studies.