Question
............................... is a curve which shows
various combinations of inputs that cost the same total amount .Solution
An isocost line is a curve which shows various combinations of inputs that cost the same total amount . For the two production inputs labour and capital, with fixed unit costs of the inputs, the isocost curve is a straight line .
Match List-I (Produce) with List-II (Major Producer State) and select the correct answer using the code given below the lists:
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