RE: 22-03-2024 - Economy - Isoquants and Isocosts [EN]-[IT]

Thanks for being here. We can summarize this article in the following way. Isoquants tell us how we can combine production factors and their replacement, while isocosts tell us how much production factors cost us depending on their combination.
In the isoquant graph we will have the number of work units on the abscissas and the machines on the ordinates.
In the isocost graph we will have the number of labor units on the abscissae and the capital units on the ordinate.