Economy, asked by kiyajatti, 1 year ago

why does marginal opportunity cost tend to rise

Answers

Answered by Mihirk
7
because less and less efficient resources are transferred each time and no resource is equally efficient for producing both the commodities
Answered by Arslankincsem
7

The term marginal cost refers to the opportunity cost is an economic term that analyzes the effect of producing one more additional unit of a good.


As you increase production of one good, the opportunity cost to product an additional good will increase.


This is because of law of increasing opportunity cost.

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