Isoquants usually slope downward (from left to right) because: Select one: a. marginal products are always...

Isoquants usually slope downward (from left to right) because: Select one:

a. marginal products are always positive.

b. average products are usually less than marginal products.

c. marginal products are usually positive.

d. marginal products will eventually decrease.

Solutions

Expert Solution

Option a is the correct one.

Isoquant graph is explained as the curve used in microeconomics study, which charts every inputs that produce as definite level of output. The graph is used as a measure for thee influence off input on production which can be achieved.

Isoquant curve shows a left to right or downward fall when marginal products is always positive. If both the marginal products Aare positive then only the slope off the curve is negative. It implies that when inputs is increased the level odd production remains same. MRTS is the principle shows the property of fall in curve.

Rahul Sunny answered 2 years ago

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