Advertisements
Advertisements
प्रश्न
Define Marginal rate of substitution.
Define the following term:
Marginal rate of substitution
व्याख्या
Advertisements
उत्तर
Marginal rate of substitution refers to the rate at which commodities can be substituted with each other, so that the total satisfaction of consumer remains the same.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
