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    Question

    The slope of Isoquant

    indicates
    A Marginal rate of product substitution Correct Answer Incorrect Answer
    B Marginal rate of technical substitution Correct Answer Incorrect Answer
    C Elasticity of substitution Correct Answer Incorrect Answer
    D Elasticity of supply Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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