Refer to the following graph.The price of labor is $3 per unit: What is the marginal rate of technical substitution at point B?
A)0.6
B)0.75
C)1
D)1.7

Name: Refer to the following graph.The price of labor is $3 per unit: What is the marginal rate of technical substitution at point B? A)0.6 B)0.75 C)1 D)1.7
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Question

Refer to the following graph.The price of labor is $3 per unit:  What is the marginal rate of technical substitution at point B?
A)0.6 
B)0.75 
C)1 
D)1.7

Quizplus · Accepted Answer

The Answer of Refer to the following graph.The price of labor is $3 per unit:  What is the marginal rate of technical substitution at point B?
A)0.6 
B)0.75 
C)1 
D)1.7

Refer to the Following Graph