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Title: The marginal rate of technical substitution shows Post by: Hobyz on Mar 10, 2021 The marginal rate of technical substitution shows
▸ how many machines can be replaced by computers, keeping output constant. ▸ how many computers are needed to replace workers so that output can increase. ▸ the rate at which technology advances change marginal productivity. ▸ how many workers can do the job of one computer, keeping output constant. Title: The marginal rate of technical substitution shows Post by: PastorBrad on Mar 10, 2021 Content hidden
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