Isocost curves represent
A. least cost combinations of inputs.
B. combinations of inputs that can be purchased given their prices and the funds available.
C. a producers cost function.
D. None of the above.
Answer:A
Isocost curves represent
A. least cost combinations of inputs. B. combinations of inputs that can be purchased given their prices and the funds available. C. a producers cost function. D. None of the above.