What do you mean by Marginal Opportunity Cost ? Options: A . &nbspIt is the ratio between the loss of output and gain of output B . &nbspIt refers to the total loss of output C . &nbspIt is the ratio between the loss of input and gain of input D . &nbspBoth B and C

What do you mean by Marginal Opportunity Cost ?

Question

What do you mean by Marginal Opportunity Cost ?

Options:

A . It is the ratio between the loss of output and gain of output

B . It refers to the total loss of output

C . It is the ratio between the loss of input and gain of input

D . Both B and C

Answer: Option A

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