isoquant a curve showing the combinations of two inputs that yield the same quantity of output. (8ap)
J ...
Isoquant map - A series of isoquants from the same production function, each isoquant relating to a specific level of output. Issued share capital - Amount of current share capital arising from the sale of shares.
Unit isoquant The isoquant for a quantity equal to one unit of a good. The unit isoquant is useful for relating the price of a good to the prices of factors employed in its production. Unit labor requirement ...
production efficiency factors of production total, average, and marginal product curves marginal productivity isoquants the marginal rate of technical substitution ...
See also: International economics, Inputs, Equilibrium, Production function, Elasticity
 
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