Why would a firm that seeks to minimize its expenditures on inputs not want to operate on

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Why would a firm that seeks to minimize its expenditures on inputs not want to operate on the uneconomic portion of an isoquant?

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: Mar 17, 2016 04:52 AM

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Why would a firm that seeks to minimize its expenditures on inputs not want to operate on

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By operating on the uneconomic portion of an isoquant the firm wo...View the full answer

Microeconomics

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