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The figure below depicts how, with given technology, two production factors (in this case, labor and capital) can be combined to produce a fixed level of output. The curve is called a(n) B) (2 pts) Labor Capital C) Consider the task of weed management. Name one: weed management technique that might fall at point C (i.e, it uses a lot of labor and very little capital) (2 pt) a.
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Answer #1

Ans of B: isoquant

Explanation:

An isoquant is a curve that shows all combinations of inputs which give equal level of output. Iso means equal and quant means quantities. So an isoquant represent a constant quantity of output.

Ans of c: labour intensive technique

Explanation:

Labour intensive technique is that which uses comparatively larger amount of labour and small amount of capital.

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