_____________ is the amount of one commodity that a nation must give up to produce each additional unit of another.
A)marginal cost
B)marginal rate of transformation (MRT)
C)production frontier
D)marginal rate of return

Question

Quizplus · Accepted Answer

The marginal rate of transformation (MRT) is the amount of one commodity that a nation must give up to produce each additional unit of another. It measures the opportunity cost of producing one good in terms of the other.

_____________ Is the Amount of One Commodity That a Nation