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Marginal Rate of Transformation Definition


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(The drugs) cause a reduction in the parasite so when the mosquito bites the person it doesn\'t transmit the disease.

— Neeraj Mistry

The marginal rate of transformation (MRT) is the number of units or amount of a good that must be forgone in order to create or attain one unit of another good. In particular, it’s defined as the number of units of good X that will be foregone in order to produce an extra unit of good Y, while keeping constant the use of production factors and the technology being used.


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