Isoquant - Wikipedia, the free encyclopedia
In economics, an isoquant
is a contour line drawn through the set of points at which the same quantity of output is produced while changing the quantities of two or more inputs. While an indifference curve helps to answer the utility-maximizing problem of consumers, the...
Isoquants - A free software to understand your textbook
In this case the isoquant
does not have the "typical" convex-to-the-origin shape; ... is, as before, the bundle on the isoquant
that is on the lowest possible isocost ...
Technology and Substitution
As a result, the activity analysis isoquant
is kinked in Figure 4.3. ... As a result, we end up at point b on the isoquant
in Figure 4.3. ...
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isoquant | English | Dictionary & Translation by Babylonisoquant
. Dictionary terms for isoquant
in English, English definition for ... maximizing problem of consumers, the isoquant
deals with the cost-minimization ...
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shawn1.com | All Signal, No Noise | The way I think | Weekly Updates ... Browse old Isoquant
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