Score: 0 of 1 pt 13 of 20 (18 complete) HW Score: 82.42%, 16.48 of 20 pts Exercise 6 * Question Help Suppose the economy takes a downturn, and that capital costs fall by 50 percent and are expected to stay at that level for a long time. Show graphically how this 800-N change in the relative price of labor and capital affects the firm's expansion path. Expansion Path, 700- 1) Using the line drawing tool, re-draw isocost lines C, and C2 where the price of Expansion Pathz capital has fallen 50 percent. Attach the provided labels (C, for the redrawn C, 600- and C4 for the redrawn C2) K, Units of capital 500- 2) Using the line drawing tool, draw a new expansion path. Label it 400- 1427 Expansion Path2- Carefully follow the instructions above, and only draw the required objects. 300- c. 200-... 100- 100 200 300 400 500 600 700 800 L, Units of labor Editing: * Line tool Delete Clear ? An object is selected. Delete it, or move it with arrows or by dragging. ? All parts showing Clear All Final Check javascript:doExercise(13)