Re: Micro small doubt! Pls Help!
Posted by Ashima on Apr 22, 2014; 9:22am
URL: http://discussion-forum.276.s1.nabble.com/Micro-small-doubt-Pls-Help-tp7587581p7587591.html
I think I got it:
MRTS= -{dk/dl}
Now this dk/dl is the slope of isoquant. So there is an inverse relation. So when MRTS increases, slope decreases and vice-versa.