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Aleks04 [339]
3 years ago
6

How to draw isoquant curves for a certain quantity?

Mathematics
1 answer:
Afina-wow [57]3 years ago
7 0
A production isoquant is drawn on a graph with labor on one axis, capital on the other. Isoquants usually have a concave shape. The isoquant represents the mix of capital and labor that will produce a given, fixed level of output.
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astraxan [27]

Answer:

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Step-by-step explanation:

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