Question

Explain the concept of marginal opportunity costs by giving a numerical example.

Answer 1

Marginal Opportunity Cost of any commodity is defined as the amount of sacrifice of another commodity so as to gain an additional unit of the given commodity.

This can also be termed as Marginal Rate of Transformation which is the ratio of number of units of a good sacrificed to produce an additional unit of the other good.

Example:

Suppose for a manufacturing company, production of 1 consumer good requires the company to sacrifice production of 4 capital goods, then this 4 capital goods will be the marginal opportunity cost of producing an additional consumer good.

Answer 2

Explanation:

the marginal opportunity cost is also known as MOC ,the moc is also called as moc until the name of it is changed by future toppers, now let's come to the matter, matter means not that kasamusa matter. matter means anything that occupies space.

MOC is also know as moc and is Also written as moc and it is also read as moc, if you write this answer on answer sheet, the teacher will br painter looking at your answer, you can develop your english creativity writing by this.

now let's come to matter. again don't think that matter.

marginal opportunity costs says that student reads this are going to be keezhpaakam,so don't write as per concept, write as per you understood. ,

this is just for fun, dont take it serious,

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