The marginal rate of technical substitution is equal to: A) the absol
The marginal rate of technical substitution is equal to:
A) the absolute value of the slope of an isoquant.
B) the ratio of the marginal products of the inputs.
C) the ratio of the prices of the inputs.
D) all of the above
E) A and B only
ANSWER
E
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.