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What is MRT? Explain.

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What is MRT? Explain.
  • 3 answers

Kriti Bajpai 7 years, 9 months ago

MRT is the ratio of number of units of a commodity sacrificed to gain an additional unit of another commodity. Delta Units Sacrificed/ Delta Units Gained

Nidhi Sharma 7 years, 9 months ago

MRT is the ratio of sacrifice of production of one commodity to production of an additional unit of another commodity

Khushboo Batra 7 years, 9 months ago

MRT refers to the marginal utility of transformation or marginal opportunity cost.. MRT is the slope of ppc that shows change in y divided by change in x
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