An isoquant slopes

1.	An isoquant slopes
Answer» DOWNWARD to the right An isoquant slopes downward to the right. This implies that the Isoquant is a NEGATIVELY sloped curve. This is because when the QUANTIFY of factor K (capital) is increased, the QUANTITY of L (labor) must be reduced so as to keep the same level of output.

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DOWNWARD to the right

An isoquant slopes downward to the right. This implies that the Isoquant is a NEGATIVELY sloped curve. This is because when the QUANTIFY of factor K (capital) is increased, the QUANTITY of L (labor) must be reduced so as to keep the same level of output.

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An isoquant slopes

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