Question
1)A measure of how quickly the marginal rate of technical substitution of labour for capital changes as we move along an isoquant is the (a)Capital-Labour
1)A measure of how quickly the marginal rate of technical substitution of labour for capital changes as we move along an isoquant is the
(a)Capital-Labour ratio
(b)Elasticity of substitution
(c)Input substitution possibility frontier
(d)Rate of technological progress
(e)Expansion path
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Theory And Practice Of Public Sector Reform
Authors: Steven Van De Walle, Sandra Groeneveld
1st Edition
1317500113, 9781317500117
