Which of the Following Is FALSE

question 10

Multiple Choice

Which of the following is FALSE?

• A)A change in input prices shifts the isoquant map.
• B)Convex isoquants mean that the marginal rate of technical substitution decreases as the firm substitutes labor for capital.
• C)A change in cost shifts the isocost curve.
• D)At the optimal input choice,the rate at which the firm can substitute labor for capital in production is equal to the rate at which the firm can substitute labor for capital in the market.
• E)none of the above.

---

Definitions:

Wildlife Habitats

Natural environments in which various species of wild plants, animals, fungi, and other organisms live and interact.

Increased Temperature

A rise in the average temperature of the Earth's atmosphere and oceans, often associated with global warming and climate change.

Renewable Energy

Energy derived from natural processes that are replenished at a faster rate than they are consumed, such as solar, wind, and hydroelectric power.

Climate Change

Long-term alterations in temperature, precipitation, and other climatic factors on Earth, often as a result of human activities like burning fossil fuels, leading to global warming and shifting weather patterns.