Look up: Isoquant


  1. Isoquant
    A curve showing all the different quantities of capital and labour which may be used to produce a given level of output.
    Found op http://www.encyclo.co.uk/visitor-contributions.php

  2. isoquant
    Given a production function, an isoquant is 'the locus of input combinations that yield the same output level.' (Chiang, p. 360) There is an isoquant set for each possible output level. Mathematically the isoquant is a level curve of the production function. Examples and discussion is at Martin Osbo...
    Found op http://www.econterms.com/glossary.cgi?query=isoquant

  3. Isoquant
    A curve representing the combinations of factor inputs that yield a given level of output in a production function.
    Found op http://www-personal.umich.edu/~alandear/glossary/i.html

  4. Isoquant
    Same as Contour.
    Found op http://glossary.computing.society.informs.org/index.php?page=I.html

  5. Isoquant
    In economics, an isoquant (derived from quantity and the Greek word iso, meaning equal) is a contour line drawn through the set of points at which the same quantity of output is produced while changing the quantities of two or more inputs. While an indifference curve mapping helps to solve the util...
    Found op http://en.wikipedia.org/wiki/Isoquant

  6. Isoquant
    In economics, an isoquant is the combinations of inputs that can be used to produce a given level of output; this can be represented as a curve on a graph. The concept is analogous to that of an indifference curve in consumer theory. Given the prices of inputs faced by a firm, by making certain addi...
    Found op http://www.probertencyclopaedia.com/browse/JI.HTM

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