Question

What is MOC? Write down it's formula.

Answer 1

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MOC refers to Marginal Opprotunity Cost.

It analyzes the effect of producing more additional units of products in cost of business and the opportunities the company give up to produce more of a product.

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Answer 2

Explanation:

MOC refers to Marginal Opportunity Cost.

Marginal opportunity cost is an economic term that analyzes the effect of producing additional units of a product on the costs of a business, as well as the opportunities the companies give up to produce more of a product.