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joanne1718 joanne1718
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5 years ago
The slope of a typical isoquant is negative because to produce a given output, a producer

• will use more of one input only if it uses more of another.

• can use less of one input only if the productivity of that input increases

• can use less of one input only if it uses more of another.

• will use more of one input only if the price of that input falls.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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getdhgetdh
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5 years ago
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joanne1718 Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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this is exactly what I needed
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This site is awesome
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