Economy, asked by kbjoshi7922, 9 months ago

What is marginal rate of transformatio? Explain with the help of an example.

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Answered by Anonymous

Marginal rate of transformation. The marginal rate of transformation (MRT) can be defined as how many units of good x have to stop being produced in order to produce an extra unit of good y, while keeping constant the use of production factors and the technology being used.

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