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Homework answers / question archive / Along the expansion path of a firm with typically shaped isoquants, as you move away from the origin, which of the following remains constant (that is, does not change)? a
Along the expansion path of a firm with typically shaped isoquants, as you move away from the origin, which of the following remains constant (that is, does not change)?
| a. |
output |
|
| b. |
total cost |
|
| c. |
marginal rate of technical substitution |
|
| d. |
all of the above remain constant (do not change) |
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