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Translations for „marginal rate of substitution“ in the English » German Dictionary (Go to German » English)

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marginal rate of substitution: noun
marginal rate of technical substitution: noun

marginal rate of substitution N CTRL

Specialized Vocabulary

marginal rate of substitution

Grenzrate der Substitution f

marginal rate of technical substitution N CTRL

Specialized Vocabulary

marginal rate of technical substitution

Grenzrate der technischen Substitution f

Monolingual examples (not verified by PONS Editors)

English

This shows diminishing marginal rate of substitution of staff expenditure for discretionary profits. en.wikipedia.org

The marginal rate of substitution between perfect substitutes is likewise constant. en.wikipedia.org

At any given price, a prospective buyer has some marginal rate of substitution of money for the good or service in question. en.wikipedia.org

As in the case of public goods, the total marginal rate of substitution is calculated by the summation of individual marginal rates of substitution. en.wikipedia.org

There is perfect substitutability between food and leisure, and the marginal rate of substitution is constant for all real income levels. en.wikipedia.org

For example, the marginal rate of substitution of labour for capital gives the amount of capital that can be replaced by one unit of labour while keeping output unchanged. en.wikipedia.org

But in the case of positional goods, one marginal rate of substitution is subtracted since there is negative consumption. en.wikipedia.org

This is known as the law of diminishing marginal rate of substitution. en.wikipedia.org

The curve is convex to the origin as shown assuming the consumer has a diminishing marginal rate of substitution. en.wikipedia.org

The marginal rate of substitution is either zero or infinite. en.wikipedia.org

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