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SOLVED:The marginal rate of transformation (of x for y, also known as the rate of product transformation) is the ratio - at an efficient allocation - at which the economy can gain an additional unit of y by sacrificing a marginal unit of x. At a technically efficient allocation, M R Tx, y=gL / fL=gT / fT . (a) Do a dimensional analysis (that is, figure out the units in which the marginal rate of transformation is measured - is it miles per hour of labor? acres per labor hour?) to show that these
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