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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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