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In Equilibrium, with Diminishing Marginal Products, the Slope of the PPF

Question 27

Multiple Choice

In equilibrium, with diminishing marginal products, the slope of the PPF is equal to:


A) the ratio of prices for the products.
B) the marginal product of labor.
C) the marginal product of capital.
D) the ratio of prices to the marginal product of labor.

Correct Answer:

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