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If the marginal rate of technological substitution (MRTS) is more than the price
If the marginal rate of technological substitution (MRTS) is more than the price
游客
2025-06-21
18
管理
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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