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69 refer to figure 7 the given isocost line

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69.Refer to Figure 7. The given isocost line represents the firmʹs level of total cost. At the firmʹsoptimal combination of capital and labor, the firm produces units of output.A)100B)200C)300D)indeterminate from this information.Answer: B
70.The least costly way to produce any given level of output is indicated by the
71.The point of tangency between an isocost line and an isoquant is necessarily
72.The slope of the isoquant is
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