(6) Which of the following statements best describes firm's cost-minimizing behaviors? a) A firm's cost is minimized when the isocost line and the isoquant are tangent. b) A firm's cost is minimized when the marginal rate of technical substitution is greater than he slope of the isocost line. c) A firm's cost is minimized when the slope of the tangent of the isoquant is less than the slope of the isocost line.

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