Turn on more accessible mode
Skip to main content
Turn off more accessible mode
PPG Portal Supplementary Resources
Sign In
|
Technical Rate of Substitution
All Sites
People
Advanced Search
PPG Portal Supplementary Resources
Supplementary Resources Home
PPG Portal (The Atlas of Public Management)
PPG Glossary
Other Glossaries
Masters Programs
Institutes & Journals
Blogs & Media
PPG Portal Supplementary Resources
>
PPG Glossary
>
T
>
Technical Rate of Substitution
>
Pages
>
default.aspx
Home
Quick Launch
View All Site Content
PPG Glossary Home
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P, Q
R
S
T
U, V
W, X
Y, Z
Other Glossaries
PPG Portal Supplementary Resources
>
PPG Glossary
>
T
>
Technical Rate of Substitution
Technical Rate of Substitution
In a two good model, the Technical Rate of Substitution can be described as the amount of input A required to replace a small amount of input B if the same level of production is to be maintained.
(Students at the University of Toronto School of Public Policy and Governance; edited by Ben Eisen.)
Approved for glossaryposting by Ben Eisen on January 28, 2011