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Commerce · Q1339

Economics

Graduate and Post Graduate · Commerce · question 1339

Q1339

An iso-cost line represents

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

Answer: Option B

Solution

Answer: Option B
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