The slope of the ________ is -MP_L/MP_K. A) isoquant B) total utility curve C) isocost line D) marginal utility curve

Name: The slope of the ________ is -MP L /MP K . A) isoquant B) total utility curve C) isocost line D) marginal utility curve
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Question

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The slope of an isoquant is given by the negative ratio of the marginal products of labor (MP_L) and capital (MP_K), which represents the rate at which labor can be substituted for capital without changing the level of output.

The Slope of the ________ Is -MPL/MPK

The Slope of the ________ Is -MP_L/MP_K