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Management · Q197

Managerial Economics

Graduate and Post Graduate · Management · question 197

Q197

If, by increasing the quantity of labour used by one unit, the firm can give up 2 units of capital and still produce the same output, then the MRTSLK is:

A.
4
B.
2
Answer
C.
1
D.
1/2

Answer: Option B

Solution

Answer: Option B
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