Environmental Sciences, asked by dk1520011999, 2 months ago

graph between mrs and mrts​

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Answered by anuradhajaiswal2008
0

Answer:

The MRTS reflects the give-and-take between factors, such as capital and labor, that allow a firm to maintain a constant output. MRTS differs from the marginal rate of substitution (MRS) because MRTS is focused on producer equilibrium and MRS is focused on consumer equilibrium.

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