Louisiana State University, Shreveport ECON ECON 705 Sets of Isoquants 1. The slope of an isoquant curve shows Select…
A particular isoquant curve includes the following combinations of labor (LL) and capital (KK): (2L,5K)(2L,5K); (4L,4K)(4L,4K); (6L,2K)(6L,2K). Which of the following is true
a. The 2L,5K2L,5K combination produces the most output since it uses the most capital.
b. Each of these combinations of LL and KK produces the same amount of output.
c. The 4L,4K4L,4K combination produces the most output since it has an even mix of inputs.
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