Question

Where is the example of MRT?

Answer 1

Answer:

Marginal Rate of Transformation (MRT)

Explanation:

The marginal rate of transformation (MRT) is the number of units or amount of a good that must be forgone in order to create or attain one unit of another good. In particular, it’s defined as the number of units of good X that will be foregone in order to produce an extra unit of good Y, while keeping constant the use of production factors and the technology being used.