<P> The absolute value of the slope of the isocost line , with capital plotted vertically and labour plotted horizontally , equals the ratio of unit costs of labour and capital . The slope is : </P>
<P> The absolute value of the slope of the isocost line , with capital plotted vertically and labour plotted horizontally , equals the ratio of unit costs of labour and capital . The slope is : </P>
the slope of the isocost line is determined by
the slope of the isocost line is determined by
unit costs of labour and capital
unit costs of labour and capital