How to read this

At two directions matter. Along the ray all inputs grow together: is the percentage change in output per 1% more of all inputs. Along the isoquant output stays put: is the percentage change in per 1% change in the MRTS.

  • Drag : both are local and change from point to point. Shade by e or Shade by σ to see the whole map.
  • Cobb-Douglas and CES of degree k: both are constant everywhere.
  • B: h(φ) and C: φ(f, g) transform the technology: B changes but not , C can change both.

Technology

Transform the technology (whiteboard)

The point and the plot

Scale along the ray, substitution along the isoquant

The same in 3D:

along the ray through

along the isoquant through

At