The Marginal Rate of Technical Substitution Is Measured by

question 31

Multiple Choice

The marginal rate of technical substitution is measured by

• A)the slope of the isoquant.
• B)the relative input prices.
• C)the slope of the isocost line.
• D)the ratio of the product's price to the product's cost of production.

---

Definitions:

Clinical Psychologists

Professionals skilled in diagnosing and treating mental illness, emotional disturbances, and dysfunctional behavior through psychotherapy.

Exposure and Response Prevention

A cognitive-behavioral therapy technique used primarily for OCD, involving exposure to feared stimuli and prevention of the subsequent compulsive response.

Cognitive-Behavioral Therapy

A form of psychotherapy that treats problems by modifying dysfunctional emotions, behaviors, and thoughts.

Feared Stimuli

Objects, situations, or events that evoke fear due to previous experiences, conditioning, or natural aversions.