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