Solved

For the Production Function Q(K,L) = 3K + 2L, the Marginal

Question 101

Multiple Choice

For the production function Q(K,L) = 3K + 2L, the marginal rate of technical substitution MRTS_LK is:

A) 2/3.
B) 3/2.
C) 2L/3K.
D) 3K/2L.

Related Questions

Q96: The short-run production function for a firm

Q97: You've been asked by your manager to

Q98: (Figure: Production Function I) Which of the

Q99: Suppose that a firm's production function is

Q100: Suppose the production function for a bakery

Q102: (Table: Short-run Production I) The short-run production

Q103: Suppose the production function for a coffee

Q104: The production function for laser eye surgery

Q105: (Figure: Capital and Labor XVI) Consider the

Q106: (Figure: Capital and Labor XVI) Consider the