Isoquant

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Isoquant

On a chart, a line or curve representing identical outputs when one changes one of two inputs.
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For each element of set T, I [member of] R + m has isoquants, and Farrell (1957) discovered such isoquants as efficient boundaries or frontiers in Eq.
Evaluating Efficiency of Personnel in Nepalese Commercial Banks
Rothbard derives isoquants and isocosts, and shows that the slope of the isosquant is the marginal rate of technical substitution, and the slope of the isocost is the ratio of the fixed prices, and that the cost minimizing combination of factor inputs for a given level of output is where the slopes of the isoquant and isocost are equal (Rothbard, 2015 [1953], p.
From Marshallian partial equilibrium to Austrian general equilibrium: the evolution of Rothbard's production theory
Meanwhile, the two isoquants, isoOt and isoOt+1, represent the efficient technology during periods t and t + 1, respectively.
Efficiency and productivity change across the economic sectors in Lithuania (2000-2010): the dea-multimoora approach
She/he also indicated that, if so, the isoquants and their tangencies might differ for introductory courses versus advanced courses.
The economics of experience-based higher education
As we move upwards along the age distribution line the slopes of the isoquants increase where they cut the age distribution line.
A potential dividend from workforce ageing in Australia
In the pure raiding region the isoquants move upward toward the right.
Mutual raiding of production and the emergence of exchange
When we represent this problem of costs and restrictions graphically through isoquants, we find that the optimal choice, which minimizes costs, is determined by finding the point in the isoquant that is associated with lowest isocost.
Measuring cost efficiency in the Brazilian electricity distribution sector/Medindo eficiencia de custos no setor de distribuicao de energia eletrica Brasileiro
Third, in a k-factor production model, convexity of the isoquants is implied by negatively signed estimates of [[sigma].
Are factor substitutions in HMO industry operations cost saving?
Two isoquants (iso- meaning "same" and quant meaning "quantity") are drawn in Fig.
The theory of productiveness: a microeconomic and macroeconomic analysis of binary growth and output in the Kelso system [1]
As the economy grows, the isoquants may significantly change shape so as to produce a continuous relative price change.
The IT Revolution: Is It Evident in the Productivity Numbers?
Figure 2 shows the isoquants for the lowest scores for each range from "Adequate" to "Distinguished," holding the contributions of the other variables constant at zero.
THE DETERMINANTS OF THE REPUTATIONS OF ECONOMICS DEPARTMENTS: PAGES PUBLISHED, CITATIONS AND THE ANDY ROONEY EFFECT
o] representing the unit-value isoquants for final goods X and Y.
Super-specialization and the gains from trade

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