The rate at which a firm can substitute capital for labour and-08766
The rate at which a firm can substitute capital for labour and hold output constant is the:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Final Term - Quiz No.1.
The rate at which a firm can substitute capital for labour and hold output constant is the:
Law of diminishing marginal returns.
Marginal rate of substitution.
Marginal rate of technical substitution.
Marginal rate of production.
