Results for: Isoquant-curve

When diagnosed with 3c 4c 5c 6c bulging discs with severe head pain and pain in your neck radiating into shoulders left arm and tingling in your fingers what all can be done is there a pinched nerve?

If the disks are herniated (bulging is another term) the specific nerves causing your problems ARE being pinched/compressed by the disks - that's what happens when you herni (MORE)

What is an isoquant?

An isoquant (derived from the Greek word 'iso' means 'equal' and 'quant' means 'quantity') is a contour line drawn through the set of points which consist of different combina (MORE)

What are the types of isoquants in microeconomics?

Linear Isoquant: This type assumes perfect substitutability of factors of production: a given commodity may be produced by using only capital, or only labour, or by an infinit (MORE)
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What is isoquant and its properties?

isoquant is the locus of the all the combination of two factorof production that yield the same level of the output
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What are the properties of isoquants?

The further the Isoquant is from the origin, the greater will be the level of output (i.e a higher isoquant represent a higher level of output) Two Isoquants can never inter (MORE)

Book Spotlight - In Memory: A Tribute to Sir Terry Pratchett

In March 2015 we lost one of the world's greatest literary minds - Sir Terry Pratchett. Terry was suffering from Alzheimer's and fiercely campaigned to raise awareness of the (MORE)
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Difference between isocost and isoquant?

Isocost is the locus of all combinations of factors of production the firm can purchase with a given monetary cost outlay. Isoquant is the locus of all the technically efficie (MORE)
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Is isoquant always positively inclined?

Following are the properties of Isoquant Curves, 1. Convex to the origin. 2. Slopes downward to the right. 3. Never parallel to the x-axis or y-axis. 4. Never horizontal to (MORE)