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ECO401 - Economics

Question(s) similar to the following:

The rate at which a firm can substitute capital for labour and hold output constant is the:

Question 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.

Similar Questions:

Question 2: 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.
Quizzes of ECO401 - Economics
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