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    Microeconomics Theory with Applications
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    Exam 7: Production Cost: Many Variable Inputs
  5. Question
    The Marginal Rate of Technical Substitution Is the Absolute Value
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The Marginal Rate of Technical Substitution Is the Absolute Value

Question 46

Question 46

Multiple Choice

The marginal rate of technical substitution is the absolute value of the slope of


A) an isocost
B) a production possibility curve
C) an isoquant
D) an indifference curve

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