Home

A firm will be in equilibrium when the lowest isocost is:

A. Tangent to the lowest isoquant

B. Tangent to the given isoquant

C. Above the given isoquant

D. Below the given isoquant

Study and Earn Android App
Share this question with your friends

Correct Answer : B.


Please do not use chat terms. Example: avoid using "grt" instead of "great".

Submit
Load More..

Also checkout

Genetics MCQ Microsoft PowerPoint MCQ Atomic Structure MCQ Workshop Technology MCQ Microsoft Word MCQ Rearrangement Set 3 MCQ Cause & Effect MCQ Anatomy and Physiology of Skeletal System MCQ Astronomy MCQ Phylum - Reptilia MCQ C# Programming MCQ World History MCQ