Sunday, May 12, 2013

Production | Can an isoquant ever slope upward? Explain




 Can an isoquant ever slope upward? Explain.

3 comments:

  1. tidak,karena upward sloping nya isoquat berarti naiknya output input akan tetap sama. Upward sloping akan terjadi apabila salah satu input dikurangi dengan output.

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  2. No. An upward sloping isoquant would mean that if you increased both inputs output would stay the same. This would occur only if one of the inputs reduced output; sort of like a bad in consumer theory. As a general rule, if the firm ha
    s more of all inputs it can produce more output.

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  3. Yes, it can. But in this case the firm faces technical inefficiency, i.e. gets less output from its inputs than it could!

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