Economy, asked by Ankush0504, 2 months ago

An isoquant is ____ to an iso cost line at equilibrium point???

Answers

Answered by anujsharma44181

Answer:

The point of tangency between the isocost and an isoquant is an important but not a necessary condition for producer's equilibrium. The essential condition is that the slope of the isocost line must equal the slope of the isoquant

Answered by harshverma1612

Answer:

I don't know if you can get atka in the production of the higher pitch

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An isoquant is ____ to an iso cost line at equilibrium point???​

Answers

An isoquant is ____ to an iso cost line at equilibrium point???