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    Managerial Economics Study Set 1
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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 21

Question 21

Multiple Choice

Refer to the following:
Refer to the following:    -What is the marginal rate of technical substitution at point D ? A)  less than 1.5 B)  less than 2.5 C)  greater than 1.5 D)  greater than 2.5
-What is the marginal rate of technical substitution at point D ?


A) less than 1.5
B) less than 2.5
C) greater than 1.5
D) greater than 2.5

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