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Re: isi prep

Posted by n.saish on Jul 04, 2012; 8:31am
URL: http://discussion-forum.276.s1.nabble.com/isi-prep-tp7578993p7579028.html

F1= min{a1/5,b1/2}
F2= min{a2/3,b2/2}

So a1=5*F1
    a2 =3*F2
a1+a2=y1=5F1+3F2-----1.
Similarly b1+b2= y2= 2F1+2F2----2.

For isoquant of 1 unit: F1+F2=1-----3.
Substituting 1,2 in 3 in terms of y1,y2 you will get the equation of the isoquant.
I'm getting y2=2 as the final answer... May be I'm making some calculation error... Tell me what answer you get...