TRUE / FALSE Question: Specify below whether the expression in the question is true or false. The marginal cost of a good or service is the opportunity cost of producing one less unit of it. True False

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter2: Choice In A World Of Scarcity
Section: Chapter Questions
Problem 19CTQ: Suppose Alphonsos town raises the price of bus tickets from 0.50 to 1 and file price of burgers...
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TRUE / FALSE Question: Specify below whether the expression in the question is true or false.
The marginal cost of a good or service is the opportunity cost of producing one less unit of it.
O True
O False
Transcribed Image Text:TRUE / FALSE Question: Specify below whether the expression in the question is true or false. The marginal cost of a good or service is the opportunity cost of producing one less unit of it. O True O False
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