how opportunity cost affect marginal opportunity cost?
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The Marginal Cost is generally different from the Opportunity Cost in concept. However the Marginal Cost gets equal to the Opportunity Cost only when you look for the cost of producing "only one" extra unit AND when that cost is expressed by the other goods (rabbits VS berries).
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- What is the meaning of poetic device?
- Poetic devices are a form of literary device used in poetry.
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