Economics e-Book's MCQs - Complete
Economics: Production Possibility Frontier with Increasing Costs MCQs App & e-Book - 52
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MCQ: 52
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 is known as?
- marginal rate of transformation
- marginal rate of technical substitution
- marginal rate of substitution
- marginal opportunity costs
b
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