If the Marginal Rate of Technical Substitution for a Cost

question 117

Multiple Choice

If the marginal rate of technical substitution for a cost minimizing firm is 10,and the wage rate for labor is $5,what is the rental rate for capital in dollars?

• A) .5
• B) 1
• C) 2
• D) 10

---

Definitions:

Breast Bud

A breast bud is the initial lump that appears under the nipple as the first sign of puberty in girls, indicating the beginning of breast development.

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues, as well as promoting secondary sexual characteristics such as increased muscle and bone mass, and the growth of body hair.

Estrogen

A group of steroid hormones that play a crucial role in the development and regulation of female reproductive and sexual functions.