I am in class 12th from Arts stream. for year 2022-2022. While doing self preparation I found this question in my class 12th NCERT solutions book. Among practice paper. I was wondering if I could get answer for this too.
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For say you produce wheat and cotton in a land (Resource). To grow (Produce) additional amount of wheat, you sacrifice the production of cotton. And used the land to produce wheat. The unit of cotton is been sacrificed to produce additional units Wheat. The Ratio of unit is known as Marginal Rate of Transformation (MRT).