Give a numerical example of MOC (Marginal opportunity cost)?
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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.
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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.
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