Applications 2: Marginal rate of subsitution

Introduction: If the value of a variable changes, then usually the function value changes as well. For a function of two variables it is however possible that there are combinations of changes of both variables that do not result in a change of the function value.

Property slope tangent line to level curve: For a change of x by Δx and a change of y by Δy=zx(x,y)zy(x,y)Δx, the change of x multiplied by the slope of the tangent line to the level curve at (x,y), the function value stays approximately the same. Or,
z(x+Δx,yzx(x,y)zy(x,y)Δx)z(x,y).