Question
If factor prices equal, slope of
isoquantSolution
This is because the slope of the isocost line is determined by the ratio of factor prices, and at equilibrium, the slopes of the isoquant and the isocost line are equal. When factor prices are equal, this ratio becomes -1, so the slope of the isoquant at that tangency point is also -1.
______ book has been penned down by the author Devdutt Pattanaik?
The Gurmukhi paper called Swadesh Sewak, which advocated social reforms and also asked Indian troops to rise in revolt against the British was brought ...
Where is the Charminar officially incorporated into the emblem of that state?
Which branch of the government is responsible for implementing laws and policies?
Which country became the 100th member of the International Solar Alliance (ISA)?
Which book has not been written by Amitav Ghosh?
How many teams will compete in the FIFA World Cup 2026?
How many companies were amalgamated and grouped into four major insurance companies?
What is an aquifer?
Which country most recently joined the BRICS group as its 10th member, with membership becoming effective from January 2025?
