I expect that it would boot. If it's a UNIX, the device naming should be the same (in /etc/fstab), and you should be able to match the unit numbers.
If it's VMS, it should boot but may have trouble due to differences in memory size, and sysgen parameters based on that, as VMS doesn't autosize memory at boot time on a VAX. Memory sizes in MicroVAX-IIs are usually odd, due to the 1MB present on the CPU board, so 5MB, 9MB, 13MB, etc. If you have 16MB on separate memory boards, the 1MB on the processor board is disabled so you'll get 16MB. But VAX-11/750s tended to have more "even" memory sizes like 8MB.
I've moved a MicroVAX-II VMS system disk to a VAX-11/750, but not in the other direction.
-Dave