This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is an isocost line? Write the equation used for an isocost line. What will be an ideal ... (Read 58 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
What is an isocost line? Write the equation used for an isocost line.
 
  What will be an ideal response?

Question 2

If inflation in Mexico is lower than it is in the United States,
 
  A) the purchasing power of the dollar in buying American goods will rise relative to the peso.
  B) the value of the peso will rise in the long run.
  C) the value of the dollar will rise in the long run.
  D) the purchasing power of the peso in buying Mexican goods will fall relative to the dollar.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaaaaaaa

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

An isocost line is a line that shows all of the combinations of capital and labor that are available for a given cost. The equation used for an isocost line is
(PK  K) + (PL L)
= TC.

Answer to Question 2

B


corkyiscool3328

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Wow, this really help

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Write-It-Once System Write-It-Once System
How to transform any rectangular equation to polar form How to transform any rectangular equation to polar form
Trig Equation Trig Equation
Determine the # of real roots from the equation Determine the # of real roots from the equation
Algebraically solve the equation sec^2 θ-2=0 such that -π ≤ θ ≤ π Algebraically solve the equation sec^2 θ-2=0 such that -π ≤ θ ≤ π
Write the following in standard form Write the following in standard form
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library