An isoquant represents combinations of:
A)goods with the same utility.
B)inputs with the same cost.
C)goods with the same cost.
D)inputs with the same output.

Name: An isoquant represents combinations of: A)goods with the same utility. B)inputs with the same cost. C)goods with the same cost. D)inputs with the same output.
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Question

Quizplus · Accepted Answer

An isoquant represents different combinations of inputs that can produce the same level of output. Therefore, the correct choice is D) inputs with the same output.

An Isoquant Represents Combinations Of