6.16. Two points, A and B, are on an isoquant drawn with labor on the horizontal axis...
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6.16. Two points, A and B, are on an isoquant drawn with labor on the horizontal axis and capital on the vertical axis. The capital–labor ratio at B is twice that at A, and the elasticity of substitution as we move from A to B is 2. What is the ratio of the MRTSL,K at A versus that at B?
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