How to draw isoquant curves for a certain quantity?

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asked Mar 7, 2018 123k views

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Joe Koker · Answer 1 · 2018-03-13T02:28:30+0000

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.

How to draw isoquant curves for a certain quantity?

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