Economy, asked by mayank9411, 1 year ago

what is iso quant curve​

Answers

Answered by ansistkharms
2

An isoquant is a firm's counterpart of the consumer's indifference curve.

Anisoquant is a curve that shows all the combinations of inputs that yield the same level of output.

'Iso' means equal and 'quant' means quantity.

Therefore, anisoquant represents a constant quantity of output.


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