Question : Determine the marginal opportunity cost of 10 units of commodity X:
| Commodity X | Commodity Y |
| 20 | 10 |
| 10 | 14 |
Option 1: MOC = 10
Option 2: MOC = 20
Option 3: MOC = 14
Option 4: MOC = 2.5
Correct Answer: MOC = 2.5
Solution :
MOC = Change in units sacrificed/Change in units gained = (20-10)/(14-10) = 10/4 = 2.5.
Hence, the correct option is 4.
Related Questions
Question : India produces two commodities: X and Y. Its production possibilities are shown in the following table:
| Particulars | Rs. in crore |
| Net value added at factor |
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