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Other Fields Homework Help Economics Topic started by: smitch6 on Dec 10, 2017



Title: The marginal rate of transformation is
Post by: smitch6 on Dec 10, 2017
The marginal rate of transformation is
A) the rate at which hours worked can be converted into an economy's capital stock.
B) - (slope of the PPF).
C) equivalent to the marginal rates of substitution.
D) is derived from the marginal product of labour.
E) is equal to the wage rate * TFP.


Title: Re: The marginal rate of transformation is
Post by: shabith on Dec 10, 2017
B