Social Studies, 19.02.2020 21:11 liltonio
A firm can minimize cost by A. picking the bundle of inputs where the isoquant is tangent to the isocost line. B. picking the bundle of inputs where the last dollar spent on one input gives as much extra output as the last dollar spent on any other input. C. picking the bundle of inputs where the lowest isocost line touches the isoquant. D. All of the above.
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