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Refer to the Following Figure

Question 87

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Refer to the following figure.The price of capital is $50 per unit: Refer to the following figure.The price of capital is $50 per unit: What is the marginal rate of technical substitution at each cost minimizing equilibrium point? A) 0.80 B) 0.40 C) 2.50 D) 2.00 E) impossible to tell without marginal products What is the marginal rate of technical substitution at each cost minimizing equilibrium point?


A) 0.80
B) 0.40
C) 2.50
D) 2.00
E) impossible to tell without marginal products

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