Isoquant map

Isoquant map

A set of isoquant curves is called isoquant map. The higher isoquant shows a higher level of output and lower isoquant shows a lower level of output. It can be shown by the following diagram:
Isoquant-Map


The above figure shows a set of isoquant. All the combinations lying on the same isoquant shows an equal level of output. Higher isoquant represents a higher level of output.


Please leave your comment

If this article has helped you, please leave a comment.

Previous Article Next Article