Which of the following is not true of isoquants?
A) isoquants farther from the origin represent greater output
B) isoquants slope downward to the right
C) isoquants never intersect one another
D) isoquants shift leftward when input prices increase
E) isoquants tend to be convex to the origin (bowed toward the origin)

Question

Quizplus · Accepted Answer

Isoquants represent combinations of inputs that produce the same level of output, and they do not shift due to changes in input prices. Changes in input prices affect the isocost lines, not the isoquants.

Which of the Following Is Not True of Isoquants