The marginal rate of technical substitution is equal to the___________
A. slope of the total product curve
B. change in output minus change in labour
C. change in output divide by change in labour
D. Ratio of the marginal products of the input.
Answer:C
The marginal rate of technical substitution is equal to the___________
A. slope of the total product curve B. change in output minus change in labour C. change in output divide by change in labour D. Ratio of the marginal products of the input.