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Suppose that Ann's budget for running her shop is $500. She pays her worker a wage of $20 and capital costs $10. Based on this
Suppose that Ann's budget for running her shop is $500. She pays her worker a wage of $20 and capital costs $10. Based on this information Ann's equation for her isocost line is, Multiple Choice K = 50-2L. K = 10-2L. L = 50-2K. L=2-10K.
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