On an Isoquant, the MRTS Is Defined as
A) $\left| \frac { \Delta \mathrm { K } } { \Delta \mathrm { L } } \right|$

question 27

Multiple Choice

On an isoquant, the MRTS is defined as

• A) \(\left| \frac { \Delta \mathrm { K } } { \Delta \mathrm { L } } \right|\) .
• B)MPK/MPL at the relevant point on the isoquant.
• C)MPL * MPK.
• D)MP + MPL.

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