ExamVeda
Login
Home

An iso-profit line represents

This question belongs to Management Operations Research
Operations Research
?

An iso-profit line represents.

Answer & Solution
Correct Answer: Option A
An iso-profit line represents an infinite number of solutions all of which yield the same profit. The graph of the profit function is called an iso-profit line. It is called this because "iso" means "same" or "equal" and the profit anywhere on the line is the same.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Operations Research

The use of decision models.
A. Is possible when the variables value is known B. Reduces the scope of judgement & intuition known with certainty in decision-making C. Require the use of computer software D. None of the above
Every mathematical model.
A. Must be deterministic B. Requires computer aid for its solution C. Represents data in numerical form D. All of the above
A physical model is example of.
A. An iconic model B. An analogue model C. A verbal model D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience B. Judgement C. Intuition D. All of the above
More Related Questions on Operations Research