If the MRTSLK equals 2, then the MPK/MPL is:

CA Foundation · Business Economics · MTP · September 2024
If the MRTSLK equals 2, then the MPK/MPL is:
(A) A. 2
(B) B. 1
(C) C. 0.5
(D) D. 4

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 2

Topics: Theory of Production and Cost

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