A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that

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A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her costs, she uses either copper or bronze, but never both. What must her isoquants look like?
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Microeconomics

ISBN: 9781464146978

1st Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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