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Business, 17.03.2020 04:38 yasarhan2

The steeper an isoquant is (labor measured on the horizontal axis): A. the greater is the level of output. B. the greater is the need to keep capital and labor in fixed proportions. C. the greater is the marginal productivity of labor relative to that of capital. D. the greater is the substitutability between capital and labor.

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The steeper an isoquant is (labor measured on the horizontal axis): A. the greater is the level of o...

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