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A Change in the Slope of an Isocost Line Is

Question 309

Multiple Choice
A change in the slope of an isocost line is due to a change in
A)the output price.
B)the price of one or both inputs.
C)total cost.
D)quantity of output.

A change in the slope of an isocost line is due to a change in


A) the output price.
B) the price of one or both inputs.
C) total cost.
D) quantity of output.

Correct Answer:

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