The rate of additional capital needed per labor reduced, $\Delta K / \Delta L$, is called his marginal rate of technical substitution between labor and capital. (Note: Some textbooks refer to this as the "Technical Rate of Substitution.") Visually, the MRTS is represented by the magnitude of the slope of an isoquant:. What is the logic behind the formula for solving the marginal rate of technical substitution? Question: MRTS is equal to the ratio of marginal products of two inputs. I'm having a hard time understanding the intuition behind the formula.. (marginal product of A)*(1 unit of A)=(marginal product of B)*(X units of B) because we want to keep the.

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Article shared by: In this article we will discuss about the Marginal Rate of Technical Substitution (MRTS) between Two Variable Inputs. Let us suppose that the firm uses two variable inputs X and Y and the firm's production function is. q = f (x, y) [eq (8.21)] Let us also suppose that it is possible for the firm to substitute one of the.. Marginal Rate of Technical Substitution: The marginal rate of technical substitution (MRTS) is the rate at which one aspect must be decreased so that the same level of productivity can be.