Multiple Choice
Refer to the information provided in Figure 7.9 below to answer the question(s) that follow. Figure 7.9
-Refer to Figure 7.9. The firm is currently along isocost CD. If the price of capital is $30, then the price of labor is
A) $4.
B) $30.
C) $180.
D) indeterminate from this information.
Correct Answer:

Verified
Correct Answer:
Verified
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