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djsmyers djsmyers
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Assuming that w and r are both positive, if the long-run expansion path is horizontal, then
A)   = 0.
B) MRTS is a function of capital only.
C) w = r.
D) All of the above.
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Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
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RumkoRumko
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Thank you, thank you, thank you!
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