Marginal Opportunity Cost (in Hindi)

Marginal opportunity cost is a expression used to describe the fusion of two economic terms: opportunity cost and marginal cost. Opportunity cost refers to a system of measuring the cost of something in consideration of what must be given up in order to achieve it. Marginal cost is the additional cost associated with the decision to produce extra units of a product. As such, marginal opportunity cost is the measurement of the opportunity cost for the production of extra units of goods.