alleryStart learning →An isoquant is also known as which curve?
AEqual product curve
BEqual cost curve
CEqual utility curve
DEqual demand curve
Answer & Solution
Correct answer: A. Equal product curve
Isos means equal, so an isoquant is an iso-product or equal product curve.
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Related questions
With fixed unit input costs, isocost curves have which shape?Widening gaps between isoquants of equal output steps indicate what?Under declining MRTS, an isoquant is what relative to the origin?A line joining tangency points of isoquants and isocosts is called what?At least cost, the ratio of marginal products equals which ratio?The cost-minimising input mix is at tangency of isoquant and which line?With perfect complements, inputs can be combined efficiently only how?If two inputs are perfect substitutes, how does X replace Y?