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If the production of good X …

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If the production of good X is to be increased from 2 units to 4 units ,economy has to sacrifice 5 units of good y,then find the marginal opportunity cost?

Posted by Sagar Rawal 5 years, 11 months ago

CBSE > Class 11 > Economics

1 answers

Yashika Chaudhary 5 years, 11 months ago

Marginal opportunity cost refers to the units to be sacrificed of one good to produce additional unit of another good.so,it is given by the following formula: MOC=sac. Of one good/gain of another good. Acc. To this ques.,sac is 5 units and gain is 2 units,So,MOC will be 5/2=2.5.

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