The MRTS for isoquants in a fixed-proportion production function is:

The MRTS for isoquants in a fixed-proportion production function is:

A) zero or one.
B) always zero.
C) always one.
D) zero or undefined.

 

ANSWER

D

 

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00