The Rate of Product Transformation (RPT)measures the Ability Of

Multiple Choice

The rate of product transformation (RPT) measures the ability of:

A) a consumer to trade one good for another while still maximizing his or her utility.
B) a firm to substitute one input for another and still maintain the same production level.
C) society to substitute the production of one good for another while still using a fixed supply of inputs efficiently.
D) a firm to produce a final good while starting with only natural resources.