The Slope of a Typical Isoquant Is Negative Because to Produce

question 40

Multiple Choice

The slope of a typical isoquant is negative because to produce a given output, a producer

• A)will use more of one input only if it uses more of another.
• B)can use less of one input only if the productivity of that input increases
• C)can use less of one input only if it uses more of another.
• D)will use more of one input only if the price of that input falls.