Question

Calculate marginal opportunity cost (mos) for the following production. production of
of wheat rice
0 400
10 350
20 250
30 135
40 0 ​

Answer 1

Answer:

nil, 5,10,11.5,13.5

Explanation:

formula to calculate moc=change in total cost/change in quantity.

thus, 400/0= nil(since anything divided by zero is infinity

(400-350)/(10-0)=5

(350-250)/(20-10)=10

(250-135)/(30/20)=11.5

(135-0)/(40-30)=13.5