Marginal rate of substitution between factors is equal to the ratio of :

Related MCQs

• Marginal rate of technical substitution is equal to:
• The elasticity of substitution under cob- Douglas function:
• The ratio of the factors (K/L):
• Revenue function TR = 22x²+14, find Marginal revenue?
• Given the utility function U = 5x²+12x, find Marginal utility:
• if all factors of production are increased in a given proportion, output also increased in a same proportion:
• If output is exhausted by the distributive shares of all factors:
• MRSxy is equal to:
• The ratio of the proportionate change in the quantity purchased of a good to the proportionate change in income:
• An identity between two alternative: