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Management · Q61

Managerial Economics

Graduate and Post Graduate · Management · question 61

Q61

An Iso-cost line represents

A.
Combinations of two inputs which yield varying amounts of output
B.
Combinations of two inputs which cost the same amount to a firm
Answer
C.
Combinations of two inputs which yield the same amount of output
D.
Combinations of two inputs which cost different amounts of outlay to a firm

Answer: Option B

Solution

Answer: Option B
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