An isoquant lying above to the right of another represents

ECONOMICS
JAMB 2013

An isoquant lying above to the right of another represents

  • A. a higher output level
  • B. constant returns to scale
  • C. over-capacity utilization
  • D. a lower output level

Correct Answer: A. a higher output level



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.