8. What does input efficiency imply about the relationship between the marginal rate of technical substitution and

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8. What does input efficiency imply about the relationship between the marginal rate of technical substitution and input prices? How can this relationship be seen in an Edgeworth box?

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Microeconomics

ISBN: 9780716759751

1st Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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Question Posted: Oct 16, 2024 02:02 AM

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8. What does input efficiency imply about the relationship between the marginal rate of technical substitution and input prices? How can this relationship be seen in an Edgeworth box?
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8. What does input efficiency imply about the relationship between the marginal rate of technical substitution and

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Microeconomics

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