Profit is constant along an isoquant.

Name: Profit is constant along an isoquant.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Profit is not constant along an isoquant. An isoquant represents the various combinations of inputs that can produce a given level of output. Along an isoquant, the quantity of one input may be increased while the quantity of the other input is decreased, resulting in changes in costs and, therefore, changes in profit. Thus, profit is not constant along an isoquant.

Profit Is Constant Along an Isoquant