What happens to the marginal rate of substitution as a firm


Problem

What happens to the marginal rate of substitution as a firm increases the use of one input, keeping output constant? What accounts for this?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What happens to the marginal rate of substitution as a firm
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