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If the marginal rate of technological substitution (MRTS) is more than the price ratio of labor over capital (w/r), then to mini
If the marginal rate of technological substitution (MRTS) is more than the price ratio of labor over capital (w/r), then to mini
admin
2011-01-15
105
问题
If the marginal rate of technological substitution (MRTS) is more than the price ratio of labor over capital (w/r), then to minimize cost the firm should ______ the input of capital and ______ the input of labor.
选项
A、increase, decrease
B、decrease, increase
C、decrease, decrease
D、increase, increase
答案
B
解析
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0
中级(经济学)
原金融专业英语(FECT)
金融英语(FECT)
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