A/An is the set of all possible combinations of 2 inputs that yield the same maximum possible output.

indifference curve

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isoquant

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budget line

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cost curve

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Solution

The correct option is B isoquant
An isoquant is the locus of all points representing combinations of 2 inputs that can be used to give us the same level of maximum possible output.

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A/An is the set of all possible combinations of 2 inputs that yield the same maximum possible output.

The correct option is B isoquant An isoquant is the locus of all points representing combinations of 2 inputs that can be used to give us the same level of maximum possible output.

The correct option is B isoquant
An isoquant is the locus of all points representing combinations of 2 inputs that can be used to give us the same level of maximum possible output.