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What is the slope of the isocost line for a firm with a per unit cost function given by y 2p a. Where y is
What is the slope of the isocost line for a firm with a per unit cost function given by y 2p a. Where y is wage income, p is the land price, and a are amenities. Assume that the price of the good produced by the firm is 1, and that wage income is on the horizontal axis (as is standard)
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
