Question

Among the following statements which is incorrect in relation to isoquants

• A. Isoquants are negatively
• B. Isoquants are concave to origin
• C. Isoquants are not intersecting
• D. Isoquants are convex to origin

Answer 1

Answer: (B)

Isoquants are concave to origin

Isoquant curve is a company's counterpart to the consumer's indifference curve. Essentially the curve represents a consistent amount of output.

From the graph,

$\Rightarrow$ Isoquants curves are convex to origin.

$\Rightarrow$ Isoquants are not intersecting

$\Rightarrow$ Isoquants are negatively

So from option (B) is correct because isoquants curve is not concave to origin.