Suppose that the marginal product of a firm's labor is 10 units of output per hour. Also assume that the marginal product of the firm's capital is 30 units of output per hour. In this case, the marginal rate of technical substitution for labor with capital is:
A. 3.
B. 300.
C. 40.
D. 1/3.
D. 1/3.
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a. China b. Germany c. Japan d. the U.S.
The U.S. Internet search market:
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A. the foreign exchange rate. B. foreign reserves. C. the foreign trade deficit. D. the balance of payments.
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A) data B) wait-and-see C) legislative D) transmission