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

marginal rate of technical substitution N CTRL

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
In this case we are looking at the marginal rate of technical substitution capital for labour (which is the reciprocal of the marginal rate of technical substitution labour for capital).
en.wikipedia.org
In other words, the production technology has a constant percentage change in factor (e.g. labour and capital) proportions due to a percentage change in marginal rate of technical substitution.
en.wikipedia.org

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