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marginal rate of transformation

The increase in output of one good made possible by a one-unit decrease in the output of another, given the technology and factor endowments of a country; thus the absolute value of the slope of thetransformation curve.

Related information about marginal rate of transformation:
  1. Marginal Rate Of Transformation Definition | Investopedia
    The rate at which one good must be sacrificed in order to produce a single extra unit (or marginal unit) of another good, assuming that both goods require the ...
     
  2. Production–possibility frontier - Wikipedia, the free encyclopedia
    Not all points on the curve are Pareto efficient, however; only in the case where the marginal rate of transformation is equal to all consumers' marginal rate of ...
     
  3. What is marginal rate of transformation? - BusinessDictionary.com
    Definition of marginal rate of transformation: Rate at which a producer is able to substitute a small amount of one input-variable for a small amount of another.
     
  4. Marginal Rate Of Transformation: Definition from Answers.com
    Marginal Rate Of Transformation The rate at which one good must be sacrificed in order to produce a single extra unit (or marginal unit) of another good,
     
  5. Production and Production Possibilities
    The diagram below defines the slope of this same PPF at any given point. This slope, is known as the Marginal Rate of Transformation (MRT), is a measure of ...
     
  6. What is marginal rate of transformation? - InvestorWords.com
    Definition of marginal rate of transformation: The increase in output of one good made possible by a one-unit decrease in the output of another, given the ...
     
  7. Dr. T's EconLinks.com: Glossary: Marginal Rate of Transformation
    The marginal rate of transformation is the absolute value of the slope of the production possibilities frontier. It measures the opportunity cost of producing one ...
     
  8. What is MARGINAL RATE OF TRANSFORMATION? definition of ...
    Definition of MARGINAL RATE OF TRANSFORMATION: Producer's substitution rate of a small input variable's amount for another small input variable's amount.