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Business, 18.11.2020 17:10 Erin1535

Assume that labor is plotted on the horizontal axis and capital is plotted on the vertical axis. A firm plans to spend $1,000 per week on inputs and confronts a wage rate of $10 per hour and a capital rental rate of $20 per hour. Given this information, what will be the slope of the isocost curve? A. -2
b. -1/2
c. -100
d. -50

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