If the marginal rate of technical substitution MRTS is equal to 4, then

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    the marginal product of capital is equal to 8 and the marginal product of labor is equal to 2.
     the marginal product of capital is equal to 2 and the marginal product of labor is equal to 8.
     The marginal product of capital is 4 and the marginal product of labor is 4.
     The marginal product of labor is 4 and the marginal product of capital is 16.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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the marginal product of capital is equal to 2 and the marginal product of labor is equal to 8.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

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