Home /
Expert Answers /
Economics /
a-firm-has-a-production-process-in-which-the-inputs-to-production-are-perfectly-substitutable-in-the-pa635
(Solved): A firm has a production process in which the inputs to production are perfectly substitutable in the ...
A firm has a production process in which the inputs to production are perfectly substitutable in the long run. Can you tell whether the marginal rate of technical substitution is high or low, or is further information necessary? Discuss.
