what do mean isoqoant?
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Definition of Isoqoant
A line of equal or constant economic production on a graph, chart or map.
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An isoquant is a curve that shows all the combinations of inputs that yield the same level of output. ... Therefore, an isoquant represents a constant quantity of output. The isoquant curve is also known as an “Equal Product Curve” or “Production Indifference Curve” or Iso-Product Curve.”
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