Question

In technical language, OR and OQ are known as:

• A. Ridge lines
• B. Price lines
• C. Equal-Product lines
• D. MRTS

Answer 1

Answer: (A)

Ridge lines

The technical language for OR and OQ is Ridge lines.

The Marginal product of a certain factor may be negative if the quantity used is too large. The are of rational operation may be shown by drawing two lines from the origin enclosing only those parts of the isoquants where each factor has a positive marginal product is called ridge line.