The rate at which a firm can substitute capital for labour and hold ou – McqOptions

MCQOPTIONS

1.	The rate at which a firm can substitute capital for labour and hold output constant is the ?
A.	marginal rate of factor substitution
B.	marginal rate of substitution
C.	law of diminishing marginal returns.
D.	marginal rate of production
Answer» B. marginal rate of substitution

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