Multiple Choice
Table 7-3 shows the combinations of labor and capital required to produce various level of output. 
Refer to Table 7-3.If the firm is currently producing 26 units of output using three units of labor,what is the marginal rate of technical substitution of labor for capital at this point?
A) -1
B) -2
C) -3
D) -4
Correct Answer:
Verified
Correct Answer:
Verified
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