Refer to Figure 7.10. The slope of the isocost line is

A) -2.
B) -1/2.
C) 1/2.
D) 2.

Slope

The rate at which a line inclines or declines, representing the ratio of the vertical change to the horizontal change between two points on the line.

Isocost Line

A graphical representation of all the different combinations of inputs that can be purchased with a specific total cost.