Question

how does equality of mrs and mrts indicate​

Answer 1

Answer:

Marginal Rate of Substitution

The Difference Between the MRT and the Marginal Rate of Substitution (MRS) ... The marginal rate of substitution focuses on demand, while MRT focuses on supply. The marginal rate of substitution highlights how many units of Y would be considered by a given consumer group to be compensation for one less unit of X.

Explanation:

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