Marginal Rate of Technical Substitution (MRTS) - Definition - Explanation - Schedule - Diagram/Graph - Formula - Dimimishing Marginal Rate of Technical Substitution - Economicsconcepts.com
![Marginal Rate of Technical Substitution: The rate at which one factor can be substituted for another factor while maintaining a constant level of output. - ppt download Marginal Rate of Technical Substitution: The rate at which one factor can be substituted for another factor while maintaining a constant level of output. - ppt download](https://slideplayer.com/6352629/22/images/slide_1.jpg)
Marginal Rate of Technical Substitution: The rate at which one factor can be substituted for another factor while maintaining a constant level of output. - ppt download
![Slope of isoquant Marginal Rate of technical substitution: change in capital/change in labor= Diminishing marginal rate of technical substitution. - ppt download Slope of isoquant Marginal Rate of technical substitution: change in capital/change in labor= Diminishing marginal rate of technical substitution. - ppt download](https://images.slideplayer.com/42/11572610/slides/slide_2.jpg)