Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
New Topic  
nakungth nakungth
wrote...
Posts: 1175
Rep: 3 0
6 years ago
Suppose that the price of labor (PL) is $10 and the price of capital (PK) is $20.  What is the equation of the isocost line corresponding to a total cost of $100?
A) PL + 20PK
B) 100 = 10L + 20K
C) 100 = 30(L+K)
D) 100 + 30 (PL + PK)
E) none of the above
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 85 times
1 Reply
Replies
Answer verified by a subject expert
CanihCanih
wrote...
Posts: 463
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

nakungth Author
wrote...

6 years ago
Brilliant
wrote...

Yesterday
Correct Slight Smile TY
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1915 People Browsing
Related Images
  
 914
  
 312
  
 93
Your Opinion
What's your favorite funny biology word?
Votes: 401