Am i right in saying an isoquant for an output produced, Ask an Expert

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Am I right in saying an isoquant for an output produced using 2 inputs that can be perfectly substituted for each other can be represented by a straight line, and the slope of that straight line provides critical managerial information? Please clarify.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9306744

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