a. Sketch the isoquant corresponding to a quantity of Q = 100? b. What is the general

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a. Sketch the isoquant corresponding to a quantity of Q = 100?
b. What is the general equation for the isoquant corresponding to any level of output Q?
c. Does the isoquant exhibit diminishing marginal rate of technical substitution?
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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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