the marginal rate of substitution is the rate at which a consumer can give up some amount of one good in exchange for another good while maintaining the same level of utility.
the marginal rate of technical substitution -or technical rate of substitution -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 constant.
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Marginal rate of substitution um marginal rate of technician substitution onano mam
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Mam ee mmarginal teqniqual substitution num... marginal rate of substitutionum same ahnooo????? Please reply mam🙏🙏🙏🙏
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the marginal rate of substitution is the rate at which a consumer can give up some amount of one good in exchange for another good while maintaining the same level of utility.
the marginal rate of technical substitution -or technical rate of substitution -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 constant.
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