Economy, asked by simran32511, 8 months ago

define marginal rate of transformation or margined opportunity cost?

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Answered by rajrsharma2007

Answer:

The marginal rate of transformation indicates the trade-off between the production of two goods taking the factors of production and technology as given. It is the opportunity cost of producing the other good.

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define marginal rate of transformation or margined opportunity cost?​

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define marginal rate of transformation or margined opportunity cost?