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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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
