1.

Examine the various properties of Isoquant.​

Answer»

Answer:

Properties of Isoquants

  • An ISOQUANT LYING above and to the right of another isoquant represents a higher LEVEL of output. ...
  • Two isoquants cannot cut each other. ...
  • Isoquants are convex to the origin. ...
  • No isoquant can touch either AXIS. ...
  • Isoquants are negatively sloped. ...
  • Isoquants need not be parallel. ...
  • Each isoquant is oval-shaped

Explanation:

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