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If a firm experiences diminishing marginal rate of technical substitution (MRTS), then the more labor and less capital the firm has, the ____________ it is
If a firm experiences diminishing marginal rate of technical substitution (MRTS), then the more labor and less capital the firm has, the ____________ it is to replace the remaining capital with labor and the _____________ the isoquant becomes. Group of answer choices harder; steeper harder; flatter easier; flatter easier; steeper
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