In the above graph,what is the marginal rate of technical substitution at point D?
A) less than 1.5
B) less than 2.5
C) greater than 1.5
D) greater than 2.5
Correct Answer:
Verified
Q74: Q75: A firm is using 500 units of Q76: Long-run total cost Q77: Diseconomies of scale Q78: You overhear a businessman say: "We want Q80: In the graph below,the price of capital Q81: Economies of scope in the production Q82: Economies of scale exist when Q83: In the following graph,the price of capital Q84: In the following graph,the price of capital
A)represents the lowest possible total
A)exist when fixed cost increases
A)fixed cost decreases
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents