Economy, asked by Anonymous, 9 months ago

6. Why marginal opportunity cost must rise as resources are shifted from Use-1 to Use-2, even when
given resources are fully and efficiently utilised?
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Answered by prachiguptq42

Answer:

Since resources are use specific, therefore every time when one more unit of a commodity is produced more units of the other commodity is sacrificed that results in increasing marginal opportunity cost

Answered by Anonymous

$<body> Ans. When resources are shifted from Use-1 to Use-2, marginal opportunity cost must rise. This is because resources are use-specific. When these are shifted from their specialised use, efficiency must suffer. Loss of output in Use-1 (for every additional unit of output in Use-2) must rise.</body>$

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6. Why marginal opportunity cost must rise as resources are shifted from Use-1 to Use-2, even whengiven resources are fully and efficiently utilised?Don't spam.​

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6. Why marginal opportunity cost must rise as resources are shifted from Use-1 to Use-2, even when
given resources are fully and efficiently utilised?
Don't spam.