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Author Question: Marginal cost is a good measure of (Read 54 times)

kodithompson

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on: Apr 19, 2019

Question 1

In making labor supply decisions, households weigh


◦ the market wage against the value of market produced goods.
◦ the market wage against the value of their marginal product of labor.
◦ the market wage against the value of leisure and time spent in unpaid household production.
◦ child care costs.

Question 2

Marginal cost is a good measure of


◦ the social value of a marginal unit of a good.
◦ the least costly way to produce all units of a good.
◦ what society gives up by using resources to produce more of a good or service.
◦ what society gains by using resources to produce more of a good or service.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by kodithompson on Apr 19, 2019

chloejackso

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kodithompson

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Reply #2 on: Apr 19, 2019
Excellent


chloejackso

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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