In Equilibrium, with Diminishing Marginal Products, the Slope of the PPF

question 27

Multiple Choice

In equilibrium, with diminishing marginal products, the slope of the PPF is equal to:

• A) the ratio of prices for the products.
• B) the marginal product of labor.
• C) the marginal product of capital.
• D) the ratio of prices to the marginal product of labor.

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