Home » Classroom » JAMB Economics 2012 Question

The equilibrium point of a firm is attained at ... - JAMB Economics 2012 Question

The equilibrium point of a firm is attained at the point where the isoquant is
A
greater than the isocost
B
less than the isocost
C
tangent to the isocost
D
greater than the output
correct option: b
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses