Difference between opportunity cost and marginal opportunity cost

1.	Difference between opportunity cost and marginal opportunity cost
Answer» Opportunity cost - when we have 100rs. In the given price of 100rs. We can buy jwar or bajjra. If we buy jwar the opportunity of buying bajjra lose .. This is known as opportunity cost..Marginal cost - the opportunity of consuming one additional (marginal) commodity by substituting other commodityis known as marginal cost..

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