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  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 8: Output, Price, and Profit: the Importance of Marginal Analysis
  5. Question
    Marginal Profit Is the Additional Profit That Accrues to the Firm
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Marginal Profit Is the Additional Profit That Accrues to the Firm

Question 173

Question 173

True/False

Marginal profit is the additional profit that accrues to the firm when the output rises by one unit.

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