Technical Substitution Rate MCQs 1281 to 1285

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Technical Substitution Rate MCQs

  1. The marginal rate of technical substitution is the slope of:
  2. In the general equilibrium of production, it is assumed the quantities of L and K
  3. In the general equilibrium of consumption, it is assumed that the quantity of x and y is:
  4. The contract curve is obtained by joining the points where MRTS are:
  5. The producer who uses more of factor K, the MRTKL

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Economics 1281-1285

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The marginal rate of technical substitution is the slope of:

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In the general equilibrium of production, it is assumed the quantities of L and K

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In the general equilibrium of consumption, it is assumed that the quantity of x and y is:

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The contract curve is obtained by joining the points where MRTS are:

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The producer who uses more of factor K, the MRTKL

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Technical Substitution Rate MCQs
Technical Substitution Rate MCQs

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