(Figure: Capital and Labor IX) the Movement in the Isocost

question 50

Multiple Choice

(Figure: Capital and Labor IX) The movement in the isocost line is caused by a(n) :

• A) decrease in the wage rate.
• B) increase in the wage rate or rental rate of capital.
• C) increase in the wage rate.
• D) decrease in the rental rate of capital.

---

Definitions:

Who's

A contraction of "who is" or "who has," used in questions and statements.

Doing Good

Engaging in actions that are beneficial or helpful to others or society as a whole.

Their

A possessive pronoun used to indicate ownership or relation to certain people or things previously mentioned or easily identified.

Geysers

Natural hot springs that periodically eject water and steam into the air due to underground volcanic activity.