CA Foundation doubt
Please help me in this question. 1) At a point near the right hand below the corner of isoquant curve the MRTSxy of factor X for factor Y is a very high b very low c zero d none
Asked by Numa23 Dec 2023986 views
CA Foundation doubt
Asked by Numa23 Dec 2023986 views
Reshu · 23 Dec 2023
very low
Numa · 23 Dec 2023
Can you please explain it? How?
Chaitanya · 23 Dec 2023
It cannot be zero as IC is based on assumption that consumer always consume 2 goods
Chaitanya · 23 Dec 2023
Very low
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