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Author Question: The marginal rate of technical substitution is equal to the A) slope of the total product curve. ... (Read 86 times)

Tirant22

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on: Jul 1, 2018
The marginal rate of technical substitution is equal to the
 
  A) slope of the total product curve.
  B) change in output minus the change in labor.
  C) change in output divided by the change in labor.
  D) ratio of the marginal products of the inputs.

Question 2

The limited savings of the poor is evidence of the flawed character of the poor.
 
  Indicate whether the statement is true or false


nital

  • Sr. Member
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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

F


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