Which of the Following Is Constant Along an Isoquant

question 83

Multiple Choice

Which of the following is constant along an isoquant?

• A)Productivity of the variable input
• B)Output
• C)Cost
• D)Utility

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Definitions:

Collectivism

A social theory prioritizing the needs and goals of the group over the desires or needs of any one individual.

Individualism

A social and cultural ethos that emphasizes the self-expression and autonomy of the individual, often over community or societal norms.

Self-Confident

The feeling of trust in one's abilities, qualities, and judgement.

Uncertainty

A condition of limited knowledge where it is impossible to exactly describe an existing state, future outcome, or more than one possible outcome.