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Investments glossary

Marginal Rate of Technical Substitution

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Quotes of the day:

All that is gold does not glitter not all those that wander are lost.

— J. R. R. Tolkien

The marginal rate of technical substitution (MRTS) is an economic theory that illustrates the rate at which one factor must decrease so that the same level of productivity can be maintained when another factor is increased.



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