Which of the Following Statements About the Marginal Rate of Technical

question 5

Multiple Choice

Which of the following statements about the marginal rate of technical substitution is correct?

• A)The MRTS is equal to the ratio of the marginal productivities of the inputs.
• B)The MRTS is equal to the slope of the total product curve.
• C)The MRTS is zero in the long run.
• D)The MRTS is the rate at which one input can be substituted for the other in production while varying the level of output.

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Definitions:

Evangelical Christians

Members of a Protestant movement characterized by its emphasis on the authority of the Bible, the necessity of personal conversion, and the importance of sharing the Christian faith.

Religious Participation

Engagement in activities or practices associated with a particular faith or belief system, including attending services, prayer, and other forms of worship.

Increase

A rise or growth in quantity, size, intensity, or another measure, often indicating a positive trend in context.

Shiva

In Judaism, a week-long period of mourning observed by immediate family members following the burial of a close relative.