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Imagine a firm spends $1,000 on two inputs, capital and labor. Also, suppose the wage is $30 and the rental cost of capital is $90.

Imagine a firm spends $1,000 on two inputs, capital and labor. Also, suppose the wage is $30 and the rental cost of capital is $90. What is the slope of the isocost curve?

A.

1/3
B.

-3
C.

-1/3
D.

3

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