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Isoquants ■○ bservations 1) For any level of K, output increases with more l 2) For any level of L, output increases with more K 3)Various combinations of inputs produce the same output Chapter 6 Slide 8Chapter 6 Slide 8 Isoquants ◼ Observations: 1) For any level of K, output increases with more L. 2) For any level of L, output increases with more K. 3) Various combinations of inputs produce the same output
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