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Posted on Jun 13, 2024

When the isocost line is tangent to the isoquant, then select one: a. (MPL/L)

When the isocost line is tangent to the isoquant, then

select one:

a. (MPL/L)<(MPK/K)

c. (MPL/L)=(MPK/K)

d. MPL=MPK

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