The Slope of the Isoquant Tells the Firm How Much

question 43

Multiple Choice

The slope of the isoquant tells the firm how much

• A) output increases when labor increases by one unit.
• B) output increases when capital and labor are doubled.
• C) capital must decrease to keep output constant when labor increases by one unit.
• D) a unit of capital costs relative to the cost of labor.

---

Definitions:

Cerebellum

The part of the brain at the back of the skull in vertebrates, responsible for regulating motor movements, including coordination, precision, and timing.

Blood Pressure

Blood Pressure is the force exerted by circulating blood on the walls of blood vessels, crucial for maintaining bodily functions and an indicator of health.

Skilled Movements

Complex actions that require a combination of coordination, strength, precision, and timing to execute effectively, often learned through practice.

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions, including heart rate, digestion, and respiratory rate.