Refer to the figure above. If Roller Skates Unlimited moves from isoquant A to isoquant B, the number of roller skates produced
Group of answer choices
a) increases.
b) decreases.
c) remains constant, but Roller Skates Unlimited uses more capital and labor.
d) remains constant, but input prices have risen.
Homework Answers
Ans.- Increases
Note that an isoquant shows different levels of output that can be produced using different levels of capital and output. Here, isoquant A and B are two different isoquant and so they represent different quantities. Output becomes higher when we move to higher isoquants (along north-east) .
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