The slope of the isoquant is:

Question

Quizplus · Accepted Answer

The slope of the isoquant represents the marginal rate of technical substitution (MRTS), which measures the rate at which one input can be substituted for another while keeping the level of output constant. The MRTS is calculated as the ratio of the marginal product of one input to the marginal product of another input. Therefore, option C is the correct answer. Options A and B are incorrect as they do not represent the slope of the isoquant. Option D is also incorrect as it refers to the concept of diminishing returns, which is not related to the slope of the isoquant.

The Slope of the Isoquant Is