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isoquant

   Also found in: Financial, Wikipedia 0.02 sec.
isoquant
a curve showing the various combinations of two inputs which can be used to produce a specific level of output.
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Clearly, the minimum salary forces the district to a lower isoquant, and it will produce fewer educational services than before.
The effect of minimum salaries on employment of teachers: a test of ... by Boal, William M. / Southern Economic Journal
In the isoquant diagram, first growth results as a move from an inefficient point XI inside isoquant Q1 to a point on the isoquant (X1*) and to the optimal allocation (BCP*).
Growth recovery in CIS countries: the sufficient minimum threshold of ... by Havrylyshyn, Oleh / Comparative Economic Studies
In this case the isoquants, representing the locus of workforce distributions that yield equal output per worker, are also 45[degrees] lines and the maximum output per worker that this workforce can produce is represented by an isoquant that is also the 45[degrees] age distribution line.
A potential dividend from workforce ageing in Australia by Guest, Ross / Australian Bulletin of Labour
 
 
 
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