Why marginal rate of transformation increasees in economic 1 microeconomics?
Answers
Answered by
1
Answer:
The marginal rate of transformation (MRT) allows economists to analyze the opportunity costs to produce one extra unit of something. ... In other words, resources used to produce one good are diverted from other goods, which means less of the other goods will be produced.
i hope it's help to you Mark it brainlist answer
Answered by
0
Answer:
Its allows economists to analyze the opportunity costs to produce one extra unit of goods... This tradeoff is measured by the marginal rate of transformation. Generally speaking, the opportunity cost rises as one moves along (down) the PPF
Similar questions