-Refer to Figure 7

question 66

Multiple Choice

-Refer to Figure 7.3.The marginal rate of technical substitution for labour with capital at 120 workers is represented by the slope

• A) Of line ac
• B) Of line ed
• C) Of line ab times negative one
• D) Of line ed times negative one

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Definitions:

Savings And Loan

Financial institutions that primarily focus on accepting savings deposits and making mortgage and other loans.

Nonbanking Activities

Financial services and transactions conducted by institutions that are not traditional, regulated banks, such as insurance, investments, and real estate.

Ecologically Safer

Practices or products designed to minimize environmental harm and promote sustainability.

Insurance Industry

A sector of the economy focused on providing protection against financial losses from various risks, offering policies for health, life, property, and more.