Economy, asked by sandeepmathur300, 7 months ago

discuss the concept of marginal opportunity cost MOC along with schedule

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Answered by moinkazi667

1

Answer:

Define marginal opportunity cost (MOC) along a PP curve. ... MOC of a particular good (say wheat) along a PP curve is the amount of the other good (say tanks) which is sacrificed to produce an additional unit of that particular good. The rate of this sacrifice is called marginal opportunity cost of the expanding good.

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