English, asked by preetysharma0815, 4 months ago

an isoquant being convex to the origin reflects?

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Answered by IISLEEPINGBEAUTYII
3

Answer:

An isoquant curve, because of the MRTS effect, is convex to its origin. This indicates that factors of production may be substituted with one another. ... Either more capital or more labor input factors result in a greater level of production

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