An isoquant is a contour line drawn through the set of points whereby the same quantity of output is produced while changing two or more inputs.
In economics , an isoquant 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
The corollaries types of statement is what is used to explain the steps of a proof.
Theorems, definitions, corollaries, and postulates
Topology is a branch of mathematics that studies the properties of space that are preserved under continuous transformations, such as stretching, twisting, and bending, but not tearing or gluing. It focuses on concepts such as continuity, compactness, and connectedness, which allow mathematicians to classify and analyze different types of spaces. Topology has applications across various fields, including physics, computer science, and biology, by providing a framework for understanding complex structures and relationships.
No, you can't and I can't explain it to you because it's too hard to explain.
BCUZ
negative slope, convexity to its origin
various types of insurance
Briefly explain types of secondry books.
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Explain briefly why do you want to join Ecolog*
show how the price elasticity of demand is graphically measured along a liner demand curve?
right answer is in the sky.
briefly explain the charateristics of international business environment
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.
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.
1. What are the two kinds of installation of an operating system? Explain Briefly.