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As indifference curve shows equal level of satisfaction at all points, An isoquant shows equal...

Economics
JAMB 2019

As indifference curve shows equal level of satisfaction at all points, An isoquant shows equal level of_________

  • A. Input
  • B. Commodities
  • C. Output
  • D. Factors
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Correct Answer: Option C
Explanation

An isoquant curve is the combination of labour and capital which shows the same output i.e labour and capital = Product.

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