Question

An isoquant ____(A) is a curve that shows all the combinations of inputs that yield the same total output. (B) must be linear.(C) is a curve that shows all possible output levels that can be produced at the same cost.(D) is a curve that shows the maximum total output as a function of the level of labor input.(E) cannot have a negative slope.

Answer 1

A. is a curve that shows all the combinations of inputs that yield the same total output.