The producer is in equilibrium at a point where the cost line is Options: A . &nbspAbove the isoquant B . &nbspBelow the isoquant C . &nbspCutting the isoquant D . &nbspTangent to isoquant

The producer is in equilibrium at a point where the cost line is

Question

The producer is in equilibrium at a point where the cost line is

Options:

A . Above the isoquant

B . Below the isoquant

C . Cutting the isoquant

D . Tangent to isoquant

Answer: Option D

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