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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Related Book For
Principles Of Microeconomics
ISBN: 9780691150093
13th Global Edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
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