the rate at which consumer is willing to sacrifice one commodity for another is called
Answers
Answered by
0
Answer:
The rate at which one product is transformed into another is called Marginal Rate of Transformation. MRT is the ratio of units of a commodity sacrificed to gain an additional unit of another commodity. MRT is equal to the units sacrificed divided by units gained
Please make this answer brainliest
Similar questions
Math,
3 months ago
Social Sciences,
7 months ago
Math,
7 months ago
Geography,
10 months ago
English,
10 months ago