Which of the following is not true of isoquants?
A) They slope down and to the right.
B) They are convex to the origin.
C) Their slope equals the marginal rate of technical substitution.
D) Output rises as you move along a specific isoquant.
E) Isoquants closer to the origin represent lower output levels.

Question

Quizplus · Accepted Answer

Isoquants represent different combinations of inputs that produce the same level of output, so output does not change as you move along a specific isoquant.

Which of the Following Is Not True of Isoquants