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The Horizontal (Labor) Intercept of Manny Motors' Isocost Line Is

Question 67

Multiple Choice

The horizontal (labor) intercept of Manny Motors' isocost line is 3 million, and the vertical (robot) intercept is 5 million. Which of the following best describes what would happen to the isocost line if the price of robot hours increased?


A) It would shift to the right.
B) It would rotate outward along the horizontal axis.
C) It would rotate inward along the horizontal axis.
D) It would rotate outward along the vertical axis.
E) It would rotate inward along the vertical axis.

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