prove that isoquants are negatively sloped
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isoquants slope downward over the relevant range of production. This negative slope indicates that, if the producer decreases the amount of capital employed, more labour must be added in order to keep the rate of output constant. Or, if labour use is decreased, capital use must be increased to keep output constant
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1, isoquants slope downward over the relevant range of production. This negative slope indicates that, if the producer decreases the amount of capital employed, more labour must be added in order to keep the rate of output constant. Or, if labour use is decreased, capital use must be increased to keep output constant.
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