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When an isocost line is just tangent to an isoquant, we know that: Select one: O a. output is not being produced at minimum cost.
When an isocost line is just tangent to an isoquant, we know that: Select one: O a. output is not being produced at minimum cost. the two products are being produced at the least input cost to the firm. C. the two products are being produced at the highest input cost to the firm. d. output is being produced at minimum cost
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