What are the characteristics of the isometric yield curve ?

Updated on culture 2024-03-15
9 answers
  1. Anonymous users2024-02-06

    What are the characteristics of the "equal yield curve" are as follows: 1. Answer:

    The isomass line is a line that slopes to the lower right and has a negative slope. This illustrates the resources of the producers with the factors of production.

    **Under given conditions, in order to achieve the same output, while increasing one factor of production, it is necessary to decrease another. The simultaneous increase of the two factors of production is not possible when the resources are given; Special attention should be paid to the fact that the simultaneous reduction of the two factors of production does not allow the same level of output to be maintained.

    2) in the same floor plan.

    , there can be an infinite number of isoyield lines. The same isoyield line represents the same yield, and different isoyield lines represent different yield levels. The higher the yield level represented by the isoyield line farther away from the origin, and the lower the yield level represented by the isoyield line closer to the origin.

    3) On the same plan, any two isoyield lines cannot intersect. Because the two isoyield lines at the intersection represent the same level of yield, it contradicts the second feature, which is also a characteristic of the isoyield line.

    4) The isoyield line is a line that is convex towards the origin. This is due to the diminishing marginal rate of technological substitution.

    3. English expression: iso-quant

    4. Features: an indifference curve.

  2. Anonymous users2024-02-05

    The characteristics are as follows: 1. In a higher position.

    i.e. off. The origin is far away.

    Isoyield curves.

    Always represents a larger output.

    Because, in general, with more inputs, manufacturers can get greater output.

    2. Any two equal yield curves cannot intersect.

    This is because it is not possible to produce two different outputs from the same combination of input factors.

    3. The yield curve is convex to the origin and inclined to the lower right, and its slope is negative.

    This is because each point on the yield curve represents the various factors that can produce a certain amount of output.

    Effective combinations. Therefore, in order to increase the input of one factor and keep the output constant, it is necessary to reduce the input of another factor accordingly.

    If a certain output is to be produced, it is necessary to increase the input of labor and capital at the same time, or to increase labor at the same time without reducing it.

    Increase capital. quantity, then the original production combination is invalid.

    Extended Materials. The decreasing slope of the isoyield curve indicates that this type of substitution has an important property, that is, the input factor x.

    Marginal technology substitution rate.

    Always decreasing as the amount of x increases.

    If x and y are two input elements that can be substituted for each other, then, x's.

    Marginal rate of substitution.

    It refers to how many units of input factor y can be replaced by adding 1 unit of input factor x when x takes a certain value.

    It is expressed by the formula: mrts = δy δx. Since δy δx is the slope of the isoyield curve when x takes a certain value, the marginal substitution rate when the input factor x takes a certain value is also the slope when x takes this value on the isoyield curve.

    Since the slope of the isoyield curve decreases, its marginal substitution rate always decreases with the increase of x, that is, with the increase of x input, the amount of y that can be replaced by 1 unit x will become smaller and smaller.

  3. Anonymous users2024-02-04

    The isoyield curve means that the points on this curve represent the same output that can be produced by the various combinations of input factors.

    Extended information: A given output can be produced from a completely different combination of production factors. For example, 60 units of agricultural products can be produced through 5 units of labor and 2 units of land, and can also be produced through 4 units of labor and 3 units of land.

    Connecting the combination points of production factors that can constitute the same output is the equivalent output curve.

    Characteristics of the isoyield curve:

    Feature 1: The isoyield line is a line that slopes to the lower right with a negative slope.

    Feature 2: There are an infinite number of isoyield lines on the same plane, but the farther away from the origin represents a higher yield, and vice versa.

    Feature 3: Indifference curves cannot intersect on the same plane. Otherwise, it contradicts the previous feature 2.

    Feature 4: The isoyield line is a line that convex towards the origin.

  4. Anonymous users2024-02-03

    The equal output curve is the trajectory of all the different combinations of the inputs of the two factors of production that produce the same output under the condition that the technical level remains unchanged, reflecting the relationship between the two inputs and one output, and it is an indifference curve.

    Equal production line, is a proper noun used in economics to hide Zen Hu in production behavior, refers to the production activities, must make the stove block with two different production factors (such as K capital, and l labor attack), when the manufacturer has a different combination of these two factors demand, but can achieve the same output, the combination of these two factors demand trajectory, that is, the equal production line.

    Characteristics of isometric production lines.

    The isoyield line is inclined to the lower right, the slope is negative, any two isoyield lines cannot intersect, and the isoyield line is convex to the origin, and the slope decreases.

    and the type of yield curve

    1. The input elements can be completely substituted. For example, in the production of power generation, if the boiler fuel of a power plant can be used entirely with both gas and oil, these two input factors can be completely replaced. The shape of this isoyield curve is a straight line.

    2. There is no substitution between input factors. For example, the production of bicycles is completely irreplaceable between the input factor frame and wheels. The shape of this isometric curve is a right-angled line. The ratio between the input elements that are completely irreplaceable is fixed.

  5. Anonymous users2024-02-02

    It means that under the same conditions, the same factor of yield will have different combination trajectories, and the curve will continue to change.

  6. Anonymous users2024-02-01

    The specific meaning is to observe the trend and development through the curve, and then it can be seen very conveniently and intuitively.

  7. Anonymous users2024-01-31

    The meaning of this word is the same amount of production, within a certain period of time, at the same level, there will be many different changes and differences.

  8. Anonymous users2024-01-30

    The characteristics of the isoyield curve are as follows:

    1. The equal output curve is the trajectory of various different combinations of all production factors in the same output under the condition that the technical level remains unchanged;

    2. On the plane diagram of the same bridge ridge, there are countless equal yield curves;

    3. Each curve represents a yield level, and the farther away from the origin, the greater the yield;

    4. Any two equal yield curves will not intersect;

    5. The yield curve is inclined to the lower right;

    6. The fourth-class yield curve is convex to the origin.

  9. Anonymous users2024-01-29

    1) The equal yield curve is the trajectory of various combinations of all production factors of the same yield under the condition that the technical level is not changing.

    2) The characteristics of the equal yield curve: first, on the same plan, there are countless equal yield curves, each curve represents a yield level, the farther away from the origin, the greater the yield; Second, any two equal yield curves will not intersect; Third, the yield curve is sloping to the lower right; Fourth, the yield curve is convex to the origin.

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