Difference between marginal opportunity cost and opportunity cost ?
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Difference between marginal opportunity cost and opportunity cost ?
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Answer:
ʜᴇʀᴇ ɪs ᴜʀ ᴀɴsᴡᴇʀ
ᴛʜɴx ᴘʟs
Explanation:
Marginal cost always has a monetary value while opportunity cost can have a monetary value or not. ... Marginal cost is the cost incurred during the production of a unit or item while opportunity cost is the cost incurred during the consumer's choice of which product to buy or use.