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Isoquant

Lesson 4 of 11 • 7 upvotes • 10:23mins

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Antara Mahanta

This lesson explains the concept of isoquants. Here, some important concepts are also discussed. They are- Fixed and variable input and short run and long run.

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1

Course Overview

5:22mins

2

Introduction

8:34mins

3

Production Function

10:16mins

4

Isoquant

10:23mins

5

Total, Average and Marginal Product

10:29mins

6

Law of diminishing marginal product and law of variable proportion

11:56mins

7

Total, Average and Marginal Product curves

10:13mins

8

Returns to scale

8:23mins

9

Costs

8:52mins

10

Short run cost curves

12:41mins

11

Long run costs

11:26mins

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