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What is iso quant curve

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What is iso quant curve

Posted by Mayank Bansal 6 years, 9 months ago

CBSE > Class 11 > Economics

1 answers

Yaser Siddiquee 6 years, 9 months ago

An isoquant is a firm's counterpart of the consumer's indifference curve. An isoquant 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, an isoquant represents a constant quantity of output.

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