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-Refer to Figure 11-14

Question 37

Multiple Choice

-Refer to Figure 11-14. Suppose Hilda produces 100 gooseberry pies. What is the marginal rate of technical substitution of labor for capital when labor is increased from 10 to 20 hours? A) 1 unit of capital per worker B) 10 units of capital per worker C) 14 units of capital per worker D) 24 units of capital per worker
-Refer to Figure 11-14. Suppose Hilda produces 100 gooseberry pies. What is the marginal rate of technical substitution of labor for capital when labor is increased from 10 to 20 hours?


A) 1 unit of capital per worker
B) 10 units of capital per worker
C) 14 units of capital per worker
D) 24 units of capital per worker

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