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Use the following to answer question 29: Stony Creck Sheet Metal's production function is 0 =100K. Assume that Stony Creek Sheet Metal currently employs 12

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Use the following to answer question 29: Stony Creck Sheet Metal's production function is 0 =100"K". Assume that Stony Creek Sheet Metal currently employs 12 units of labor and 12 units of capital. 29. What is the marginal rate of technical substitution at 2 -12 and K - 12? A) 0.34 B) 1.125 C) 2 D) 12 E Use the following to answer question 29: Stony Creck Sheet Metal's production function is 0 =100"K". Assume that Stony Creek Sheet Metal currently employs 12 units of labor and 12 units of capital. 29. What is the marginal rate of technical substitution at 2 -12 and K - 12? A) 0.34 B) 1.125 C) 2 D) 12 E

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