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Other Fields Homework Help Economics Topic started by: hiusy98 on Jan 23, 2017



Title: Why are isoquants negatively sloped?
Post by: hiusy98 on Jan 23, 2017
Why are isoquants negatively sloped?
A) Along a single isoquant, the firm can substitute the use of one input for another while holding the total level of output constant.
B) Due to the effects of diseconomies of scale.
C) Because the farther the isoquant is from the origin, the higher the level of output.
D) Because price and quantity demanded are inversely related.


Title: Re: Why are isoquants negatively sloped?
Post by: sofresh on Jan 23, 2017
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Title: Re: Why are isoquants negatively sloped?
Post by: hiusy98 on Mar 27, 2017
This course was so challenging before I signed up here, thanks