Question on isoquant, Am I right in saying an isoquant for

Question on isoquant

Reference no: EM1371440

Am I right in saying an isoquant for an output produced using 2 inputs that can be perfectly substituted for each other can be represented by a straight line, and the slope of that straight line provides critical managerial information? Please clarify.

Reference no: EM1371440

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Question on isoquant : Am I right in saying an isoquant for an output produced using 2 inputs that can be perfectly substituted for each other can be represented by a straight line

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