Chat with AI
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 16
The extra cost of obtaining each additional unit of a factor of production is called the marginal
A) physical product.
B) revenue product.
C) factor cost.
D) implicit cost.
A) physical product.
B) revenue product.
C) factor cost.
D) implicit cost.
Explanation
Verified
Verified
The marginal factor cost assumption is t...
Economics for Today 9th Edition by Irvin Tucker
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
