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An isoquant is a curve that represents combinations of:_______.

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User Tamim
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1 Answer

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Answer:

two inputs which are capable of producing the same level of output.

Step-by-step explanation:

Isoquant is a word made up of two parts. Iso is one and quant is for quantity not output.

It means a combination of inputs that give a certain output.

The factors of production can be substituted for each other to produce the same quantity of a product. These combinations are called isoquant.

Plotting all possible combinations that give a level of output gives the isoquant curve

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User TheSalamov
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