Question

Explain MOC (Marginal Opportunity Cost) class 11th economics........

Answer 1

Answer:

MOC is the number of units sacrificed to gain one additional unit of another commodity

example let their be two goods A and B made by two people A' and B'

A'can prepare item A efficiently

B'can prepare item B efficiently

now if B'is said to prepare item A then his efficiency will decrease and do MOC will increase .

hope it helped

please mark brainliest.

Answer 2

Marginal opportunity cost refers to the amount of a good sacrificed in order to produce a single additional unit of another good. For instance, if the production of 1 additional consumer good requires sacrificing the production of 3 capital goods. Then, this will be the marginal opportunity cost of producing a single additional unit of consumer good.