Refer to Figure 7.3.The marginal rate of technical substitution for labor with capital at 120 workers is represented by the slope:
A) of line ac.
B) of line ed.
C) of line ab times negative one.
D) of line ed times negative one.

Question

Refer to Figure 7.3.The marginal rate of technical substitution for labor with capital at 120 workers is represented by the slope: 
A) of line ac. 
B) of line ed. 
C) of line ab times negative one. 
D) of line ed times negative one.

Quizplus · Accepted Answer

The Answer of Refer to Figure 7.3.The marginal rate of technical substitution for labor with capital at 120 workers is represented by the slope: 
A) of line ac. 
B) of line ed. 
C) of line ab times negative one. 
D) of line ed times negative one.