Q35
Some economists refer to iso-product curves as
A.
Engels curve
B.
Production indifference curve
AnswerC.
Budget line
D.
Ridge line
Answer: Option B
Solution
Answer: Option B
Solution:
Some economists refer to iso-product curves as Production indifference curve. A given quantity of output may be produced with different combinations of factors. Iso-quant curves are also known as Equal-product or Iso-product or Production Indifference curves.