Isocost

In economics an isocost line shows all combinations of inputs which cost the same total amount. Although similar to the budget constraint in consumer theory, the use of the isocost line pertains to cost-minimization in production, as opposed to utility-maximization. For the two production inputs labour and capital, with fixed unit costs of the inputs, the equation of the isocost line is

单词	Isocosts
释义	Isocosts 英语百科 Isocost In economics an isocost line shows all combinations of inputs which cost the same total amount. Although similar to the budget constraint in consumer theory, the use of the isocost line pertains to cost-minimization in production, as opposed to utility-maximization. For the two production inputs labour and capital, with fixed unit costs of the inputs, the equation of the isocost line is
随便看	Noghri Nogi No Giap nogin noginata ketone nogins Noginsk Noginskiy Noginskiy Rayon nogiphonia nogiragenin Nogitecan Hydrochloride nogizawalite Nogliki Noglikskiy Rayon noglobaloptimization no glove no love no glue No go No Goal Nogoa R. No go area nogo area no go areas nogodinid

Isocosts

Isocost