35. The slope of the iso-coSL line is: a Price ratio of inputs. b. Price ratio of output. c. Price ratio of input and output. d All of the above are correct
35. The slope of the iso-coSL line is: a Price ratio of inputs. b. Price ratio of output. c. Price ratio of input and output. d All of the above are correct
Chapter1: Making Economics Decisions
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![35. The slope of the iso-coSL line is:
a Price ratio of inputs.
b. Price ratio of output.
c. Price ratio of input and output.
d All of the above are correct](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F907b1b8e-5319-45f8-a878-1703bdc79313%2F8986f593-9485-487f-983e-ee246f6bdadd%2F39391q.jpeg&w=3840&q=75)
Transcribed Image Text:35. The slope of the iso-coSL line is:
a Price ratio of inputs.
b. Price ratio of output.
c. Price ratio of input and output.
d All of the above are correct
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Step 1
A graph that represents the different combinations of the input factors (usually labor and capital) that are purchased by the firm based on its affordability with the total given amount of money available to it is called the Iso-cost line.
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