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单词 Technical rate of substitution
释义

Technical rate of substitution

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Marginal rate of technical substitution

(重定向自Technical rate of substitution)
An isoquant map where Q3 > Q2 > Q1.At any point on any isoquant, the marginal rate of technical substitution is the absolute value of the slope of the isoquant at that point.

In microeconomic theory, the Marginal Rate of Technical Substitution (MRTS)—or Technical Rate of Substitution (TRS)—is the amount by which the quantity of one input has to be reduced (-\Delta x_2) when one extra unit of another input is used (\Delta x_1 = 1), so that output remains constant (y = \bar{y}).

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更新时间:2025/6/23 7:12:12