The Slope of the Isocost Line

question 40

Multiple Choice

The slope of the isocost line:

• A)changes as the combination of labor and capital is altered by the firm.
• B)is equal to the ratio of the marginal productivities at all points along the isocost line.
• C)is equal to the negative of the ratio of the prices of the outputs.
• D)is equal to the negative of the ratio of the prices of the inputs.

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