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    Managerial Economics
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    Exam 5: Production Theory and Estimation
  5. Question
    The Marginal Resource Cost of an Input Is Equal to the Change
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The Marginal Resource Cost of an Input Is Equal to the Change

Question 18

Question 18

True/False

The marginal resource cost of an input is equal to the change in total cost that results from hiring an additional unit of a variable input.

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