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If Labor Is on the Vertical Axis and Capital Is

Question 39

Multiple Choice

If labor is on the vertical axis and capital is on the horizontal axis,the slope of an isocost line is given by:

A) -P_L / P_K.
B) -P_K / P_L.
C) -P_KP_L.
D) -MP_L / MP_K.
E) -MP_K / MP_L.

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