Question

define marginal rate of transformation or margined opportunity cost?​

Answer 1

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.

Explanation:

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Answer 2

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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