Economy, asked by sivaramanmdu2003, 7 months ago

Examine the various properties of Isoquant.

Answers

Answered by rubykushwaha07

1

Answer:

Properties of Isoquants

An isoquant lying above and to the right of another isoquant represents a higher level of output. ...
Two isoquants cannot cut each other. ...
Isoquants are convex to the origin. ...
No isoquant can touch either axis. ...
Isoquants are negatively sloped. ...
Isoquants need not be parallel. ...
Each isoquant is oval-shaped

Explanation:

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