The marginal rate of technical substitution is (A) the rate at which a producer is able to exchange, without affecting the quantity of output produced, a little bit of one input for a little bit of another input. (B) the rate at which a producer is able to exchange, without affecting the total cost of inputs, a little bit of one input for a little bit of another input. (C) the rate at which a producer is able to exchange, without affecting the total inputs used, a little bit of one output for a little bit of another output. (D) a measure of the ease or difficulty with which a producer can substitute one technique of production for another.

/in /by

The marginal rate of technical substitution is (A) the rate at which a producer is able to exchange, without
affecting the quantity of output produced, a little bit of one input for a little bit of another input.
(B) the rate at which a producer is able to exchange, without affecting the total cost of inputs, a little bit of one
input for a little bit of another input. (C) the rate at which a producer is able to exchange, without affecting the total
inputs used, a little bit of one output for a little bit of another output. (D) a measure of the ease or difficulty with
which a producer can substitute one technique of production for another.

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