Economy, asked by mamikhawlhring083, 6 months ago

explain clearly producer's equilibrium with isoquant

Answers

Answered by apurvakadam29

0

Answer:

Briefly explain how isoquant curves and isocost lines determine the producer's equilibrium. Answer: Isoquant curve shows combinations of inputs employable to produce a certain output. Isocost lines portray cost combinations of two inputs like capital and labour which produce the same amount of output.

Attachments:

Previous Question

Next Question

Similar questions

English, 3 months ago

2 of 16 How much of your household's grocery shopping do you do yourself? O All of It O Almost All of It O About Half of It 0 0 0 O Less Than Half O None...

Science, 3 months ago

difference between sun and star...

Biology, 3 months ago

Study the diagram and answer the following questions ...

English, 6 months ago

imagine yourself to be the author. the death of your grandmother has left you grief-stricken. you are full of remorse and pain. make a diary entry expressing your grief...

English, 6 months ago

4 8. Σsin n=1 is equal to : ...

English, 11 months ago

Answer the following questions in fifty-sixty words each: 1. Write about the manner in which Addison spent his days at the country-seat of Sir Roger?

Social Sciences, 11 months ago

neyveli lignite mines are locates at________...

Math, 11 months ago

Solve this problem:. 1+2+3+4+5+6+7+8+9+(10×10)...