Question: How is an isoquant map like an indifference map? multiple choice 1 They measure the same thing. They are equivalent mathematically. In what important respect

How is an isoquant map like an indifference map? multiple choice 1 They measure the same thing. They are equivalent mathematically. In what important respect do the two constructs differ? multiple choice 2 One can measure production numerically but utility is a subjective value. Production is measured ordinally, but utility is an objective value

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