Figure 9.7 -Refer to Figure 9.7.The Lines Shown in the Diagram Are

question 160

Multiple Choice

Figure 9.7

-Refer to Figure 9.7.The lines shown in the diagram are isocost lines.If the price of labour is $50 per unit, what is the price of capital along the isocost CE?

• A)$400 per unit
• B)$100 per unit
• C)$25 per unit
• D)insufficient information to answer question

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