| 单词 | marginal rate of substitution |
| 释义 | marginal rate of substitutionDefinition Measure of how much of a commodity a consumer will give up to get one or more units of another commodity, while maintaining the same level of satisfaction. Use 'marginal rate of substitution' in a SentenceIn trying to understand examples of marginal rate of substitution, we asked kids, how many pieces of one candy would they have to give up, to receive a piece of a different candy. You may find yourself having to use a marginal rate of substitution to get what you need out of your company. I wanted to know the marginal rate of substitution and it took me all afternoon to figure out how to do that. |
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