Multiple Choice
. Let a firm use labor and capital as its only inputs to produce an output, . The cost of labor is per labor hour and the cost of capital is per machine hour. When capital is measured on the vertical axis and labor on the horizontal axis, what is the slope of an isocost line for this firm?
A) .
B) .
C) .
D) .
Correct Answer:

Verified
Correct Answer:
Verified
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