What is an isoquant? What are the properties of isoquants? Illustrate your answer with appropriate..


What is an isoquant? What are the properties of isoquants? Illustblame your apology after a while misspend diagrams. What is meant by final blame of technical supply (MRTS)? Assuming a embossed isoquant, pretext that MRTS = MPL /MPK. Under what mode does MRTS wane parallel an isoquant? What is the blame of fluctuate in MRTS when two inputs are immaculate substitutes?