Practicing Success
Practicing Success
CUET Preparation Today
| Read the following statements - Assertion (A) and Reason (R): Assertion: Isoquants are negatively sloped. Reasoning: With an additional unit of one input, the same level of output can be produced using lesser amount of the other input (when marginal products are positive) From the given alternatives choose the correct one: |
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A). Assertion (A) is true but Reason (R) is false. Assertion (A) is false but Reason (R) is true. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). |
| Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). |
| Isoquants are negatively sloped because when marginal products are positive and we have to produce the same level of output to remain on same isoquant, using an additional unit of one input implies lesser amount of the other input is to be used. This leads to downward sloping isoquant, where x axis and y axis represents quantities of two inputs used. |
