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Marginal Rate of Technical Substitution I - Concept | Microeconomics | JoVe

Marginal Rate of Technical Substitution I - Concept | Microeconomics | JoVe

SOLVED: 'The price of capital (r) is 50. At the optimal combination of inputs for producing 12,000 units of output, what is the marginal rate of technical substitution? 0.80 0.67 1.5 2.5 impossible to tell from the graph 160 140 120 100 Q- 12,000 Q- 3,000 20406080100 120 140 160 180 02 12,000 0 = 3,000'

SOLVED: 'The price of capital (r) is 50. At the optimal combination of inputs for producing 12,000 units of output, what is the marginal rate of technical substitution? 0.80 0.67 1.5 2.5 impossible to tell from the graph 160 140 120 100 Q- 12,000 Q- 3,000 20406080100 120 140 160 180 02 12,000 0 = 3,000'

2023年6月8日

SOLVED: Explain the difference between the law of diminishing marginal returns and the law of diminishing marginal rate of technical substitution.

SOLVED: Explain the difference between the law of diminishing marginal returns and the law of diminishing marginal rate of technical substitution.

2022年4月30日

Marginal Rate of Technical Substitution

Marginal Rate of Technical Substitution

2013年7月14日

JoVE | Peer Reviewed Scientific Video Journal - Methods and Protocols

JoVE | Peer Reviewed Scientific Video Journal - Methods and Protocols

$SOLVED:Let F(x, y)=x^{a} y^{a}, where a is a constant, a \neq 0 and a \neq 1. (a) Find the marginal rate of substitution of y for x. (b) Calculate the elasticity of substitution between y and x.$

SOLVED:Let F(x, y)=x^{a} y^{a}, where a is a constant, a \neq 0 and a \neq 1. (a) Find the marginal rate of substitution of y for x. (b) Calculate the elasticity of substitution between y and x.

Law of Diminishing Marginal Rate of Substitution – Tutor's Tips

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