Question

The isoquants for inputs that are perfect complements for one another consist of a series of:

1) right angles
2) parallel lines
3) concentric circles
4) right triangles
5) none of the above

Answer 1

The isoquants for inputs that are perfect complements consist of a series of right angles.

Step-by-step explanation:

The correct answer to the question is 1) right angles.

The isoquants for inputs that are perfect complements to each other consist of a series of right angles. In this case, inputs are used in fixed proportions, meaning that they are always used in a specific ratio to each other.

For example, let's say we have inputs A and B, and they are perfect complements with a fixed proportion of 1:1. In this case, all the combinations of input A and input B that result in the same level of output will form a right angle. If we increase input A or input B without changing the ratio, we will not be able to increase the level of output.