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Iso-Cost curve represents all those combination of two factors, which a manufacturer can purchase at a given income and the price level.
Example: Let us assume that the producer has  3,000/- and he has to purchase two factors. They are land and labour. Let us also assume that One unit of Land is 500/- and One unit of Labour is 750/-. In this case the Iso-Cost Curve will be as follows:
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