isoquant
68 Views|Posted 2011-12-13 13:52:50
Asked by Sha
3 Answers
A
Answered by
2011-12-13 16:00:08
Hi,
"A curve showing all the various combinations of two factors that can produce a given level of output. The isoquant shows the whole range of alternative ways of producing the same level of output".
A graph of all possible combinations of inputs that result in the production of a given level of

Answered by
2011-12-13 15:31:27
In economics, an isoquant (derived from quantity and the Greek word iso, meaning equal) 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

Answered by
2011-12-13 14:02:48
Hi,
Well for your knowledge, https://Shiksha.com is an education portal wherein you can put up questions regarding your doubts that concerns your career. And your post is more of academic stuff, I would suggest you to look for the details on terminology specific websites or wikipedia or even you ca
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