Q. The M RTS L,K between any two inputs be equal in the production of all commodities.3. The MRPTx,y be equal to the MRSx,y for any two goods. (Solved)
1. condition 1&2 are satisfied
2. condition 1 &3 are satisfied
3. condition 2 &3 are satisfied
4. condition 1, 2 &3 are satisfied
- d. condition 1, 2 &3 are satisfied