For downward movement along the iso-quant, MRTS of Labour per unit of capital (MRTSL,K) is given by
A. – dK/dL
B. dK/dL
C. dL/dK
D. – dL/dK
Answer:A
For downward movement along the iso-quant, MRTS of Labour per unit of capital (MRTSL,K) is given by
A. – dK/dL B. dK/dL C. dL/dK D. – dL/dK