Lesson 9 of 10 • 2 upvotes • 8:11mins
Concept of isoquants is explained with the help of various diagrams and curves.
10 lessons • 1h 17m
Overview - Production Function
3:01mins
Production Function
8:17mins
Types of Outputs/Products
8:49mins
Relationships Among Different Products
8:24mins
Law of Diminishing Marginal Returns
8:06mins
Three Stages of Production
8:03mins
Returns to Scale
7:51mins
Three ways of Returns to Scale
8:11mins
Production Isoquants
8:11mins
Marginal Rate of Technical Substitution
8:19mins