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Business, 16.01.2020 02:31 21hendlill

For a particular level of output, the least costly way to produce the output occurs 0 a, where the isoquant crosses the isocost line that is the farthest to the right b. where the isocost line intersects the origin. c. at the point where the isocost line is the greatest distance from the isoquant. d. at the point of tangency of the isocost line and the isoquant.

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