Question

# The iso quant technique is applicable to ____________.

A
Agriculture
B
Manufacture
C
Both (A) and (B)
D
None of these

Solution

## The correct option is C Both (A) and (B)The two factors usually measured on the isoquant curve are capital and labour, they are the basic factors of production that can be applied to any production activity. Thus the isoquant is helpful in identifying the optimal mix of resources to achieve efficiency in any industry.Economics

Suggest Corrections

0

Similar questions
View More

People also searched for
View More