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    Managerial Economics
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    Exam 9: Production and Cost in the Long Run
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    Refer to the Following Graph
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Refer to the Following Graph

Question 64

Question 64

Multiple Choice

Refer to the following graph.The price of capital (r) is $20. Refer to the following graph.The price of capital (r) is $20.   At the optimal combination of inputs for producing 14,000 units of output,what is the marginal rate of technical substitution? A) 2.5 B) 0.67 C) 1.5 D) 0.80 E) impossible to tell from the graph At the optimal combination of inputs for producing 14,000 units of output,what is the marginal rate of technical substitution?


A) 2.5
B) 0.67
C) 1.5
D) 0.80
E) impossible to tell from the graph

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