![Marginal Rate of Transformation and Rate of Substitution measured by DEA environmental assessment: Comparison among European and North American nations - ScienceDirect Marginal Rate of Transformation and Rate of Substitution measured by DEA environmental assessment: Comparison among European and North American nations - ScienceDirect](https://ars.els-cdn.com/content/image/1-s2.0-S0140988316300275-gr1.jpg)
Marginal Rate of Transformation and Rate of Substitution measured by DEA environmental assessment: Comparison among European and North American nations - ScienceDirect
Deriving the Marginal Rate of Transformation Firms hire factors of production up to point where value of marginal product equals
![What is marginal opportunity cost/marginal rate of transformation ? Explain the concept with a hypothetical numerical example. What is marginal opportunity cost/marginal rate of transformation ? Explain the concept with a hypothetical numerical example.](https://d10lpgp6xz60nq.cloudfront.net/physics_images/MIC_ECO_XI_U01_C01_E01_050_S01.png)