Question:
An iso-cost line represents
| A. |
different combinations of two inputs that can be purchased with a given sum of money |
B. |
different combinations of two goods that can be purchased with a given income |
C. |
both (a) and (b) |
D. |
none of these |
Answer» a. different combinations of two inputs that can be purchased with a given sum of money |
| Note: |
The above multiple-choice question is for all general and Competitive Exams in India. |
