06. Explain the consent of marginal opportunity cost along with the tabular diamatic and presentation.
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The Marginal Opportunity Cost (MOC) can be defined as the ratio of a number of units of a good sacrificed to produce an additional unit of another good. It is also known as Marginal Rate of Transformation (MRT). The marginal opportunity cost of a good in terms of the other good can be estimated as:Read more on Sarthaks.com - https://www.sarthaks.com/77344/define-marginal-opportunity-cost-explain-concept-with-hypothetical-numerical-example
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