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The slope of an isoquant curve shows Select one: a.what happens to output when you keep either labor or capital constant and increase the other.
The slope of an isoquant curve shows
Select one:
a.what happens to output when you keep either labor or capital constant and increase the other.
b.the tradeoff between labor and capital while keeping output constant.
c.how expensive it is to hire labor versus paying for capital.
d.how adding labor or capital increases output.
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