8. Marginal cost is also related to marginal productivity and input costs. Marginal cost (MC) is equal

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8. Marginal cost is also related to marginal productivity and input costs. Marginal cost (MC) is equal to input price divided by the marginal product of that input.

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Principles Of Microeconomics

ISBN: 9780691150093

13th Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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