What will happen to a typical isoquant if robots become increasingly good at doing manual and mental labor?
A)Isoquants will become much steeper.
B)Isoquants will not change but movement will occur upward on the curve.
C)Isoquants will become much flatter.
D)Isoquants will become a negatively sloped straight line.

Question

Quizplus · Accepted Answer

As robots become increasingly good at both manual and mental labor, the production function will become more capital-intensive and less labor-intensive. This implies that the marginal product of labor will decrease relative to the marginal product of capital. As a result, the isoquants will become much flatter, indicating that firms can produce the same level of output with less labor and more capital.

What Will Happen to a Typical Isoquant If Robots Become