The isoquants for inputs that are perfect substitutes for one another consist of a series of:

Question

Quizplus · Accepted Answer

When inputs are perfect substitutes for each other, they can be used in any combination to produce the same level of output. This means that the isoquants, which graphically represent the different combinations of inputs that produce the same level of output, would be parallel lines. This is because any combination of the two inputs can be used to produce the same amount of output, and thus the isoquants would be equally spaced parallel lines.

The Isoquants for Inputs That Are Perfect Substitutes for One