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A firm cost function C=8L +2K assuming labor is on a horizontal axis and capital on a vertical axis, the slope of the firm's iso-cost
A firm cost function C=8L +2K assuming labor is on a horizontal axis and capital on a vertical axis, the slope of the firm's iso-cost curve is
a) -(1/4)
b) 1/4
c) -4
d) 4
e) Cannot be determined with the information given
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