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Question

Equal product curve is also known as ________________.

A
production indifference curves
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B
production possibility curves
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C
product curve
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D
MRTS
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Solution

The correct option is A production indifference curves
Equal product curve is also known as production indifference curves.
A given quantity of output that can be produced with different combination of inputs are shown by the isoquant.
Isoquant curves are also called as Equal product, Isoproduct or Production Indifference curves.

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