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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Isoquants and Production under a Labor-Saving Technology Shift

Dairy Sector Consolidation, Scale, Automation and Factor Biased Technical Change: Working through "Get Big or Get Out"

From the definition of quasi-rents as the value of output minus the costs of non-factor input, it follows that isoquants will have linear sections an production functions will be nonconcave.

ANALYSIS OF QUALITY ADJUSTED PRICE INDICES AND GROWTH ACCOUNTING: FOCUS ON SOLOW VINTAGE MODEL

For each element of set T, O [member of] R + n has isoquants. Farrell (1957) discovered such isoquants as efficient boundaries or frontiers in Eq.

Evaluating Efficiency of Personnel in Nepalese Commercial Banks

For neoclassical economists, capital is just an input into the process of production (represented in their textbooks as one of the axes on a two-dimensional diagram of isoquants or as one of the exogeneous variables in an aggregate production function).

CAPITAL AND CONTRADICTIONS: No equilibrium anywhere in sight..

This section surveys Rothbard's analysis of isoquants and isocosts in preparation for tracing out factor demand curves, and compares it with his later derivation of the factor demand curve, as well as his remarks on the causal influence of output prices on input prices.

From Marshallian partial equilibrium to Austrian general equilibrium: the evolution of Rothbard's production theory

We also graph the isoquants for the liquidity-constrained high-default-cost household.

Efficient credit policies in a housing debt crisis

If the production function is q = 2L + 5K , then the associated isoquants are:

A hybrid approach to teaching managerial economics

All of the combinations of time and money result in the same performance makeup of what is called a performance isoquant. Figure 1 illustrates this concept with two notional performance isoquants.

A conceptual framework for defense acquisition decision makers: giving the schedule its due

The isoquants or efficient boundaries of the sections of T can be defined in radial terms as follows (Farrell 1957).

Efficiency and productivity change across the economic sectors in Lithuania (2000-2010): the dea-multimoora approach

La fonction de production, qui s'ecrit : P = f (K, L)6, est le point de depart vers des schematisations extremes : un monde oE ne s'interferent que des courbes (Isoquants, iso couts)7.