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A firm can minimize cost by using the combination of inputs Group of answer choices where the MRTS is less than -w/r. where the isocost
A firm can minimize cost by using the combination of inputs Group of answer choices where the MRTS is less than -w/r. where the isocost line is above and does not touch the isoquant. on the isoquant that is on the lowest isocost line that touches the isoquant. where the last dollar spent on labor adds less extra output as the last dollar spent on capital
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