Afirm has a production process in which the inputs to production are perfectly substitutable in the long run. can you tell whether the marginal rate of technical substitution is high or low, or is further information necessary? discuss. in this example, the marginal rate of technical substitution (mrts) is

According to the law of demand, there is an inverse relationship between price and quantity demanded. that is, the demand curve for goods and services slopes downward. why?

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

3. which of the following occupations relate to a skill category of mathematics and data? select all that apply. (2 correct answers) engineer financial analyst mechanic sales person 4. which of the following occupations relate to a skill category of words and literacy? select all that apply. (2 correct answers) educator lawyer marketing manager psychologist architect