In the presence of a diminishing marginal rate of technical substitution between labour and capital, output can be kept unchanged only if
A. equal successive sacrifices of capital go hand in hand with even small increases of labor
B. equal successive sacrifices of capital go hand in hand with ever small increases of labor
C. equal successive increases in labor go hand in hand with ever small increases in capital
D. equal successive increases in labor go hand in hand in hand with ever small sacrifices of capital
Answer:D
In the presence of a diminishing marginal rate of technical substitution between labour and capital, output can be kept unchanged only if
A. equal successive sacrifices of capital go hand in hand with even small increases of labor B. equal successive sacrifices of capital go hand in hand with ever small increases of labor C. equal successive increases in labor go hand in hand with ever small increases in capital D. equal successive increases in labor go hand in hand in hand with ever small sacrifices of capital