HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Economy » marginal rate of transformation

Marginal Rate Of Transformation

Definition
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.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.