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Question 5 According to figure 7 . 1 1 : Question 2 0 Part A: If the firm's cost of capital is $ 3 0

Question 5
According to figure 7.11 :
Question 20
Part A: If the firm's cost of capital is $30 per unit and its cost of labor is $60 per unit, the isocost line represents a total cost of
Question 21
Part B: The slope of the isocost line is
Question 22
Part C : At point C, the slope of isoquant q2=200 is:
Question 23
Part D: If the firm's level of total cost is represented by the given isocost line, the firm's optimal combination of capital and labor is give by point
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