isocost line造句

• Isoquants are typically combined with isocost lines in order to solve a cost-minimization problem for given level of output.
• The isocost line is combined with the isoquant map to determine the optimal production point at any given level of output.
• A cost-minimizing input bundle is a point on the isoquant for the given " y " that is on the lowest possible isocost line.
• The absolute value of the slope of the isocost line, with capital plotted vertically and labour plotted horizontally, equals the ratio of unit costs of labour and capital.
• Specifically, the point of tangency between any isoquant and an isocost line gives the lowest-cost combination of inputs that can produce the level of output associated with that isoquant.