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Refer to the Following

Question 38

Question 38

Multiple Choice

Refer to the following:
The price of capital (r) is $20.
Refer to the following: 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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