Business, 19.11.2019 05:31 xavier1283

When the cost minimizing combination of inputs is being used and there is no corner solution,
a. the isoquant line is tangent to the isocost line.
b. the marginal products of the inputs are equal to each other.
c. the marginal product of each input is equal to its cost.
d. the costs of the inputs are equal to each other.
e. all of the above.

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When the cost minimizing combination of inputs is being used and there is no corner solution,
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