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    Exam 13: Firms Production Decisions
  5. Question
    The Marginal Rate of Technical Substitution Is the Rate at Which
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The Marginal Rate of Technical Substitution Is the Rate at Which

Question 1

Question 1

True/False

The marginal rate of technical substitution is the rate at which one factor input can be substituted for another at a given level of output.

Correct Answer:

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