Economics Quiz App (iOS & Android) – Production Possibility Frontier with Increasing Costs e-Book PDF

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Economics MCQs – Certification Test 52

Production Possibility Frontier with Increasing Costs Quiz (Question 52) – App & e-Book Download

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MCQ 52: The amount by which the quantity of one input has to be reduced when one extra unit of another input is used, so that output remains constant is known as?

  1. marginal rate of transformation
  2. marginal rate of technical substitution
  3. marginal rate of substitution
  4. marginal opportunity costs

Production Possibility Frontier with Increasing Costs Quiz App & e-Book – Economics Textbook Tests

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