Moving down and to the right on an isoquant tells us how much quantity increases as inputs increase.

Name: Moving down and to the right on an isoquant tells us how much quantity increases as inputs increase.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Moving down and to the right on an isoquant indicates an increase in both inputs, not just one input. The exact change in quantity produced depends on the slope of the isoquant at that point.

Moving Down and to the Right on an Isoquant Tells