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On an isoquant/isocost graph, the least cost input combination of producing a given output is Group of answer choices given by the tangency between the
On an isoquant/isocost graph, the least cost input combination of producing a given output is
Group of answer choices
given by the tangency between the isoquant curve and the isocost line.
one of the intercept values on the graph.
any point on the isocost line.
any point on the isoquant curve.
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