Marginal Rate of Technical Substitution

Marginal Rate of Technical Substitution

Fouad Sabry

Språken

FörlagOne Billion Knowledgeable

ISBN6610000545414

Lyssna på Nextory →

(Reklamlänk)

What is Marginal Rate of Technical Substitution In microeconomic theory, the marginal rate of technical substitution (MRTS) or technical rate of substitution (TRS) is the amount by which the quantity of one input has to be reduced when one extra unit of another input is used, so that output remains

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