Answer:
represents the combinations of K and L that cost the firm the same amount of money.
Step-by-step explanation:
Isocost is a graph representing factor inputs ( labour, capital ) ; which costs firm the same level of total production expenditure.
The curve is analogous to consumer's budget line - product combinations costing same to consumers. So, it is likely a straight line downward sloping curve also. Such because : factors are inversely related, given same total cost; and the slope is constant = price ratios of the two factor inputs.
The correct answer is dilation
Answer:
The slope is undefined.
Step-by-step explanation:
m=(y2-y1)/(x2-x1)
m=(9-10)/(-5-(-5))
m=-1/(-5+5)
m=-1/0
undefined
Since the slope is undefined, this is a vertical line.
