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

Question 63

Question 63

Multiple Choice

Refer to the following:
Refer to the following:     The price of labor is $3 per unit. -What is the marginal rate of technical substitution at point B? A)  0.6 B)  0.75 C)  1 D)  1.7
The price of labor is $3 per unit.
-What is the marginal rate of technical substitution at point B?


A) 0.6
B) 0.75
C) 1
D) 1.7

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