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What is Marginal opportunity Cost??
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What is Marginal opportunity Cost??
it's a ratio between loss of output 1 and gain of output 2 when resources are shifted from opportunity 1to opportunity 2..
Community Answer
What is Marginal opportunity Cost??
It refer to the addition al opportunity cost when a unit more of x-good is produced by withdrawing some resources from the production of y-good I may represented as fallow . loss of output of y/gain of output of x.
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What is Marginal opportunity Cost??
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What is Marginal opportunity Cost?? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is Marginal opportunity Cost?? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is Marginal opportunity Cost??.
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