Business

4 June, 04:59

Can an isoquant ever slope upward? Explain. A. Yes. Where diminishing returns occur, the isoquant is upward sloping. B. Yes. If both inputs are inferior, then the isoquant is upward sloping. C. No. It would imply that adding more of both inputs keeps output constant. D. No. It would imply that adding more of both inputs decreases output.

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