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If isoquants are plotted on a graph with capital measured on the vertical axis and labor on the horizontal axis,

then an increase in the wage rate will cause the isocost line :

 a. to become steeper and the optimal quantity of labor will decrease. 

 b. to become steeper and the optimal quantity of labor will increase. 

 c. to become flatter and the optimal quantity of labor will decrease. 

 d. to become flatter and the optimal quantity of labor will increase. 

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/06/01
Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

a. to become steeper and the optimal quantity of labor will decrease. .......................................................................................................................

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : Option ( A ) 

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. The correct answer was: a. to become steeper and the optimal quantity of labor will decrease.

mohamed badawy
by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

I choose option a ...........................................................................

I think it's option A

Thanks

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

Option " A " Is My Answer ....

 

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

a. is right..............................................................................................

Georges Aref Chaoul
by Georges Aref Chaoul , Business Unit Director - Consumer Services , Kaizen Asset Management Services

(A)                 Thank You.

Mehboob Ali Laghari
by Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union

Option A is correct answer, Thank you all experts

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