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      Question

      ............................... is a curve which shows

      various combinations of inputs that cost the same total amount .Β 
      A Isocline Correct Answer Incorrect Answer
      B Isocost line Correct Answer Incorrect Answer
      C Price line Correct Answer Incorrect Answer
      D Isoqunat line Correct Answer Incorrect Answer

      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 .

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