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.

---

Definitions:

Urban Legend

A widely circulated story that is not verified, often having elements of humor or horror.

Society

An organized group of individuals who live together in a community or other social grouping with shared laws, traditions, and values.

Terms Of Use

Legal agreements set by service providers that outline the rules and regulations users must agree to in order to use a service or software.

Copyrighted Material

Works such as books, music, movies, and software that are legally protected, preventing unauthorized replication or distribution.