Question: - A firm has the production function f(x1,12) = 7.50-9.50 What is the marginal rate of technical substitution (MRTS)? (a) MRTS = -1 2.5%, (b)

- A firm has the production function f(x1,12) =

- A firm has the production function f(x1,12) = 7.50-9.50 What is the marginal rate of technical substitution (MRTS)? (a) MRTS = -1 2.5%, (b) MRTS = -12/21 (e) MRTS = -5x2/11 (d) MRTS = -0.52/41 (e) MRTS = -0.272/

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