What Is The Difference Between Indifference Curves And Isoquant Curves?

An isoquant curve is a graph drawn through the set of points at which the same quantity of output is produced while changing two or more inputs.

An indifference curve is a graph showing different groups of items, each measured at a point where the consumer shows no preference for one group over the other. The customer becomes indifferent.

They can never intersect
they are negatively sloped curves to the origin

2 good economy, both having a downward slop. Their is no curve intresecr each other

Indifference curve have negative slope & convex to org ion
isoquant curves have positive slope & convex to org ion

1. Both they have negative slope
2. In both cases they don't intersect each other
3. They are convex to their origin

They are both downwards sloping

Shape of both the curves is the same, known as the asymptotic curves.