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9. Does the marginal rate of technical substitution (MRTS) vary along the isoquant for the firm that produced potato salad using Idaho and 20 Maine
9. Does the marginal rate of technical substitution (MRTS") vary along the isoquant for the firm that produced potato salad using Idaho and 20 Maine potatoes? What is the MRTS at each point along the isoquant? Assume that Idaho and Maine potatoes are Identical Determine the shape of the laoquant? 14 The potato salad isoquants are (1) 12 On the basis of shape, conclude whether the MRTS is constant y Idaho potatoes per day 10- along the isoquant. The MRTS along the potato salad isoquant is (2) Determine the MRTS at each point The MRTS at each point along an isoquant is 19-36 (Enter a numeric response using a real number rounded to one 10 12 14 10 18 20 decimal place.) i. Maine potatoes per day According to the figure, what is the marginal product" of Idaho and Maine potatoes? The marginal product of Idaho and Maine potatoes is potato salads
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