0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Does isoquant positive or negative?
An isoquant is a graph showing the same quantity of output for various combinations of inputs. Since these are all measures of quantity, they must all be positive.
What is a positive slope for an equation?
the positive slope for an equation is a shdjcdhksfdgkf
For a negative slope the rise is and the run is positive?
For a negative slope, the rise is negative and the run is positive.
Can slope k of a direct variation be positive?
The slope of the graph of a direct variation is always positive.
What is the difference between positve and negative correlation?
Positive correlation has a positive slope and negative correlation has a negative slope.
Does isoquant positive or negative?
An isoquant is a graph showing the same quantity of output for various combinations of inputs. Since these are all measures of quantity, they must all be positive.
Is isoquant always positively inclined?
Following are the properties of Isoquant Curves, 1. Convex to the origin. 2. Slopes downward to the right. 3. Never parallel to the x-axis or y-axis. 4. Never horizontal to the x-axis or y-axis. 5. No 2 curves intersect each other. 6. Each iso quant is a part of an oval. 7. It cannot have a positive slope. 8. It cannot be upward sloping. Anonymous
From an isoquant map one can illustrate diminishing returns to production by?
Observing the slope of the isoquant as one moves outward on the labour axis but stays at the same point on the capital axis
Explain the types and characteristics of isoquant curve with the help of an illustration?
negative slope, convexity to its origin
Do horizontal lines always have a slope of zero?
Yes. There is no positive or negative rise to generate a slope, and it cannot have a run of zero length.
How would you define positive slope?
a line with a positive slope rises from left to right
What is positive slope?
If the slope (line)is in upward direction, it is called positive slope
What is a positive slope for an equation?
the positive slope for an equation is a shdjcdhksfdgkf
Is a slope of a line always positive?
No because the slope of a line can be positive or negative
What are the conditions under which an isoquant will not be convex?
Linear isoquant [perfect substitutability of factors of production], Input-output isoquant or Leontif isoquant [no substitution or strict complementarity; only one efficient method of production] are exceptions to isoquant convexity to the origin. Kinked isoquant is of limited substitutability at kinks. But if kinks come closer and closer, it will become a smooth curve, convex to the origin.
What are the types of isoquants in microeconomics?
Linear Isoquant: This type assumes perfect substitutability of factors of production: a given commodity may be produced by using only capital, or only labour, or by an infinite combination of K and L.Input-Output Isoquant: This assumes strict complementarity[that is, zero substitutability] of the factors of production. The isoquant take the shape of a right angle. This type of isoquant is also called 'Leontief isoquant' after Leontief, who invented the input-output ananlysis.Kinked Isoquant: This assmes limited substitutability of K and L. There are only a few processes for producing any one commodity. Substitutability of factors is possibleonly at the kinks. This form is also called 'activity analysis-isoquant' or 'linear-programming isoquant', because it is basically used in linear programming.Smooth , Convex Isoquant: This form assumes continuous substitutability of K and L only over a certain range, beyond which factors cannot substitute each other. The isoquant appears as a smooth curve convex to the origin.
What are four types of slope?
positive slope negative slope zero slope undefined
