Out put of good X decreases from 450 units to 400and out put of good Y increases from 210 units to 230 units when resources are shifted from the production of Xto the production of Y find the marginal opportunity cost
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Answer:
2.5
Explanation:
Marginal opurtunity cost = Loss of output of Good/Gain of output of good. = 50/20=2.5
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