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The Figure Below Shows the Isocost Lines Facing a Firm

Question 49

Multiple Choice

The figure below shows the isocost lines facing a firm producing golf tees. The figure below shows the isocost lines facing a firm producing golf tees. FIGURE 8-5 -Refer to Figure 8-5.Given the information provided about the isocost lines,we know that the per unit price of capital is ________ and the per unit price of labour is ________. A) $20; $50 B) $50; $20 C) $2; $5 D) $5; $2 E) not determinable; not determinable FIGURE 8-5
-Refer to Figure 8-5.Given the information provided about the isocost lines,we know that the per unit price of capital is ________ and the per unit price of labour is ________.


A) $20; $50
B) $50; $20
C) $2; $5
D) $5; $2
E) not determinable; not determinable

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