Anagram & Information om | Engelska ordet ISOQUANT

Exempel på hur man kan använda ISOQUANT i en mening

• In various application areas, isocontours have received specific names, which indicate often the nature of the values of the considered function, such as isobar, isotherm, isogon, isochrone, isoquant and indifference curve.
• A contour line (also isoline, isopleth, isoquant or isarithm) of a function of two variables is a curve along which the function has a constant value, so that the curve joins points of equal value.
• Specifically, the point of tangency between any isoquant and an isocost line gives the lowest-cost combination of inputs that can produce the level of output associated with that isoquant.
• Conditional on producing the amount of output consistent with, say, the middle isoquant, the lowest cost can be obtained by using amounts of labor and capital such that the point on the given isoquant is on the lowest possible isocost curve—that is, at the point of tangency between the given isoquant and one of the cost curves.

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