Question

define mrt or moc how can it calculate
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Answer 1

Answer:

MOC ( Marginal Opportunity Cost ) refers to the number of units of a commodity sacrificed to gain one additional unit of another commodity. For example if an economy produces two goods A and B.

The marginal rate of transformation (MRT) is calculated as the marginal cost of producing another unit of a good divided by the resources freed up by cutting production of another unit. The MRT is the marginal cost of production for good X in the formula above, divided by the marginal cost of production for good Y.

Explanation:

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