The Marginal Rate of Technical Substitution Equals the Ratio of the _____

question 12

Multiple Choice

The marginal rate of technical substitution equals the ratio of the _____.

• A)total product of capital and labor
• B)marginal products of the inputs
• C)marginal cost of both inputs
• D)amount of capital employed to the amount of labor employed

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Definitions:

Fraternal Twins

Twins that develop from two separate eggs fertilized by different sperm cells, resulting in siblings that are genetically distinct.

Identical Twins

Twins that originate from the same fertilized egg, sharing exactly the same genetics, and are also known as monozygotic twins.

IQ Scores

Numerical assessments derived from standardized tests designed to measure human intelligence and cognitive abilities.

Identical Twins

A rephrase of Monozygotic Twin; they are individuals born from the same egg, thus sharing nearly the same genetic material.