As indifference curve shows equal level of satisfaction at all points, An isoquant shows equal...
ECONOMICS
JAMB 2019
As indifference curve shows equal level of satisfaction at all points, An isoquant shows equal level of_________
- A. Input
- B. Commodities
- C. Output
- D. Factors
Correct Answer: C. Output
Explanation
An isoquant curve is the combination of labour and capital which shows the same output i.e labour and capital = Product.
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