why MOC is increasing ?
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Moc increases as they shift from production of one good to another bcuz resources are not equally efficient in the production of the two goods.this increases the marginal opportunity cost.
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Hey
Her your answer☺️☺️☺️☺️☺️☺️
The law of increasing opportunity cost is the concept that as you continue to increase productionof one good, the opportunity cost of producing that next unit increases. this comes about your reallocate resources to produces one good that was better suited to produce the original good.
Hope it helps
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Thank You
Her your answer☺️☺️☺️☺️☺️☺️
The law of increasing opportunity cost is the concept that as you continue to increase productionof one good, the opportunity cost of producing that next unit increases. this comes about your reallocate resources to produces one good that was better suited to produce the original good.
Hope it helps
✨✨✨✨✨✨✨✨✨✨✨
Thank You
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