Assuming that w and r are both positive,if the long-run expansion path is horizontal,then
A) MPK = 0.
B) MRTS is a function of capital only.
C) w = r.
D) All of the above.

Question

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The Answer of Assuming that w and r are both positive,if the long-run expansion path is horizontal,then
A) MPK = 0.
B) MRTS is a function of capital only.
C) w = r.
D) All of the above.

Assuming That W and R Are Both Positive,if the Long-Run