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What Is The Equal Yield Curve?

2010/6/17 20:18:00 26

Yield Curve

Equal output curve: refers to the curve formed by various combinations of input quantities of two factors of production under the condition of constant technological level.

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What Is An Equal Cost Line?

Equal cost line: the curve formed by the combination of two factors of production that the manufacturer can purchase under the conditions of the price of the production factor and the cost of the manufacturer.