As indifference curve shows equal level of satisfaction a...
As indifference curve shows equal level of satisfaction at all points, An isoquant shows equal level of________
Input
Commodities
Output
Factors
Correct answer is C
An isoquant curve is the combination of labour and capital which shows the same output i.e labour and capital = Product.
One of the advantages of capitalism is that ...
The rural area of West Africa lack industries because ...
The desire for profits is a major feature of ...
The law of demand states that ...
Which of the following is not true about land? ...
The satisfaction derived from the use of a commodity is its ...
The distribution channel that contributes most to the cost of production is ...
Which of the following can be considered as being outside the objectives of public finance? ...