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corie corie
wrote...
Posts: 767
6 years ago
For Figure 6.9 in the book, MRTS = K/(4L) with capital (K) on the vertical axis of the isoquant map.  Suppose L=100 hours and K=400 machine hours at the current level of output.  How much additional labor is required to maintain output if we reduce capital by one machine hour?
A) One hour
B) Two hours
C) Three hours
D) Four hours
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Answer verified by a subject expert
oracledarrenoracledarren
wrote...
Posts: 455
6 years ago
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corie Author
wrote...

6 years ago
Correct Slight Smile TY
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Brilliant
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