Use a diagram to explain the following in the case of, Business Economics

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Use a diagram to explain the following in the case of

Use a diagram to explain the following: In the case of perfect substitutes, if the ratio of input prices equals the MRTS, will a unique solution to the firm's cost-minimization problem exist? In the case of perfect substitutes, if the ratio of input prices does not equal the MRTS, where will we find the solution to the firm's cost-minimization problem graphically?

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Business Economics: Use a diagram to explain the following in the case of

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Business Economics: Use a diagram to explain the following in the case of

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