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  2. Topic
    Business
  3. Study Set
    Managerial Economics Analysis Problems Cases
  4. Exam
    Exam 1: Introduction, Basic Principles, and Methodology
  5. Question
    When Extending the Concept of Marginal or Incremental Analysis to the Area
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When Extending the Concept of Marginal or Incremental Analysis to the Area

Question 2

Question 2

True/False

When extending the concept of marginal or incremental analysis to the area of public sector management, the effect of changes in public output on social benefits and social costs are considered just as a private sector firm considers the incremental profit resulting from its revenue and cost decisions.

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