Marginal rate of technical substitution

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Reference no: EM131254007

Mark launders his white clothes using the production function

q=3 B+G

where B is the number of cups of Clorox bleach and G is the number of cups of a generic bleach, where Clorox bleach is three times as potent.

Graph an isoquant for output of q=12. Label this line 'isoquant'.

What is the marginal product of B?

What is the marginal rate of technical substitution at each point on an isoquant?

Reference no: EM131254007

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