Explain MOC (Marginal Opportunity Cost) class 11th economics........
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✿Heya mate✿
MOC i.e., Marginal Opportunity cost refers to the number of units of a commodity sacrificed to gain one additional unit of another commodity.
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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 .
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