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adriii0825 adriii0825
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A year ago
An individual isocost line is a downward sloping straight line. The constant slope reflects

▸ decreasing factor prices.

▸ that each factor price has a negative value.

▸ a change in relative factor prices.

▸ increasing factor prices.

▸ constant factor prices.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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mlwpcdmlwpcd
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A year ago
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