Tag Archives: The isoquants are convex to the origin

The isoquants are convex to the origin because higher isoquant gives higher level pf output. The isoquants are convex to the origin also shows that lower isoquant shows lower level of output.


An Isoquant Map

An Isoquant map is a set of Isoquant curves. An Isoquant map shows different level of output. Higher Isoquant map shows higher level of output & lower level of Isoquant map shows lower level of output. Continue reading

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