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A firm's isoquant map is depicted below. Which of the following statements are true? check all that apply * K and L are perfect complements.
A firm's isoquant map is depicted below. Which of the following statements are true? check all that apply * K and L are perfect complements. * At any one point in time the firm will typically find it optimal to employ only one of the two inputs. * The firm should always employ equal amounts of K and L. * K and L are perfect substitutes
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