A firm can minimize cost by All of the above.
picking the bundle of inputs where the isoquant is tangent to the isocost line
picking the bundle of inputs where the last dollar spent on one input gives as much extra output as the last dollar spent on any other input.
picking the bundle of inputs where the lowest isocost line touches the isoquant.
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Land, labor, capital are the major things that contributes the factors of production. When a firm has the ability to purchase all these factors within the available budget giving equal importance to all these factors will contribute to isocost. The ability of the firm to combine all these factors of production in an efficient way for the production of goods and services contributes the isoquant.
It is very essential for a company to focus on these two things isocost and isoquants that determines its cost minimization and also success. The three things such as picking the factors of inputs in such as way that the isoquant is tangent to the isocost line,picking the bundle of inputs where the last dollar spent on one input gives as much extra output as the last dollar spent on any other input and picking the bundle of inputs where the lowest isocost line touches the isoquant can minimize the cost of the firms.
The Zhou created the Mandate of Heaven: the idea that there could be only one legitimate ruler of China at a time, and that this ruler had the blessing of the gods. They used this Mandate to justify their overthrow of the Shang, and their subsequent rule.
The adoption of cuneiform by other cultures from the culture that invented it is an example of cultural diffusion.Cultural diffusion is a process of some cultural feature, skill or idea spreading from one culture to another.
Explanation:
positive discrimination if two candidates are going out for a role and one is hired Over The Other despite being less visible for the job because they police protected characteristic then this is positive discrimination,
equitable and equitable Society is one in which all can we participate and post for the girls of you pretty much we create condition that although all to reach their full potential that means if equi table society
Answer:
Some other amazing aspects are: monarchs only flight during the day so they need to find congregation sites to spend the night close to each other; when monarchs are going to cross open water distance they wait until a gentle breeze help them to start flying; and that it takes 3 to 4 generations of monarchs to reach the northern United States and Canada reigions.