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The Following Graph Shows 2 Isocost Curves for a Firm

Question 5

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The following graph shows 2 isocost curves for a firm. The price of capital is $200.
The following graph shows 2 isocost curves for a firm. The price of capital is $200. -The total cost associated with isocost II is $_________, and the price of labor is $_________.
-The total cost associated with isocost II is $_________, and the price of labor is $_________.

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