This topic contains a solution. Click here to go to the answer

Author Question: The marginal rate of technical substitution may be defined as all of the following except: a. the ... (Read 82 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
The marginal rate of technical substitution may be defined as all of the following except:
 a. the rate at which one input may be substituted for another input in the production process, while total output remains constant
  b. equal to the negative slope of the isoquant at any point on the isoquant
  c. the rate at which all combinations of inputs have equal total costs
  d. equal to the ratio of the marginal products of X and Y
  e. b and c

Question 2

Ways to game the budgeting process include
 a. delaying sales if just short of a target
 b. accelerating expenses if just short of a target
 c. accelerating sales once a target is met
 d. accelerating expenses costs once a target is met



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

micaelaswann

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

c

Answer to Question 2

d




Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
Excellent


isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

For a complete list of videos, visit our video library