(Figure: Capital and Labor IV) Which of the following statements is (are) TRUE? A) It is easier for a small amount of additional labor to replace a large amount of capital at point A than at point B. B) It is easier for a small amount of additional labor to replace a large amount of capital at point B than at point A. C) The MRTS_LK at point A equals MP_K/MP_L. D) The MRTS_LK at point B is greater than MRTS_LK at point A.

Question

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The Answer of (Figure: Capital and Labor IV) Which of the following statements is (are) TRUE? A) It is easier for a small amount of additional labor to replace a large amount of capital at point A than at point B. B) It is easier for a small amount of additional labor to replace a large amount of capital at point B than at point A. C) The MRTS_LK at point A equals MP_K/MP_L. D) The MRTS_LK at point B is greater than MRTS_LK at point A.

(Figure: Capital and Labor IV) Which of the Following Statements