What do you mean by PPC ? And Marginal Rate of Transformation (MRT)?
Answers
Answered by
1
Answer:
yeah
Explanation:
The rate at which one product is transformed into another, given the resources, is called as the marginal rate of transformation (MRT). In other words, MRT between two goods X and Y is the amount of good Y that must be sacrificed to produce one more unit of good X (i.e., )
Similar questions