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Difeerence between MOC and OC

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Difeerence between MOC and OC

Posted by Sneha Mondal 6 years, 4 months ago

CBSE > Class 11 > Economics

1 answers

Sanjay Singh 6 years, 4 months ago

Oc- It is the cost of availing one opportunity in terms of the loss of other opportunity or it's the cost of shifting resources from use1 to use2 Moc- It refers to opportunity cost per unit of additional output of use2 when some resources are shifted from one opportunity to other

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