Question

Q.32 Higher the isoquants indicate
of production
A. Medium level
B. Minimum level
c. Low level
D. Higher level​

Answer 1

Answer⤵️⤵️

Isoquant curves in the upper portions of the chart yield higher outputs. This is because, at a higher curve, factors of production are more heavily employed. Either more capital or more labor input factors result in a greater level of production.

Ur answer is D ) Higher level ✌️

Answer 2

Answer:

The marginal rate of technical substitution (MRTS) is an economic theory that describes the rate at which one factor will decrease to be able to maintain the same level of efficiency when another factor rises

A.

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