Question
A line that connects all points where the marginal rate of technical substitution is equal to the ratio of input prices is called the
Answer: Option C
:
C
A line that connects all points where the marginal rate of technical substitution is equal to the ratio of input prices is called theexpansion path.
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:
C
A line that connects all points where the marginal rate of technical substitution is equal to the ratio of input prices is called theexpansion path.
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