Economy, asked by traina643am, 11 months ago

what is the Main difference between the ISO quant curve and indifferent curve​

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Answered by ApexBlaze
0

Answer:

An isoquant is analogous to an indifference curve in more than one way. In it, two factors (capital and labour) replace two commodities of consumption. An isoquant shows equal level of product while an indifference curve shows equal level of satisfaction at all points.

Explanation:

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