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14 December, 20:42

The additional cost to a producer of hiring an additional unit of labor is called the marginal cost. True False

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  1. 14 December, 20:53
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    True

    Explanation:

    The additional cost to a generator of hiring a supplementary unit of labor is described as marginal cost. The given statement is very true as we know that in economics, the term marginal is some of the times identified as extra or additional. And the added cost that has been connected and then undertaking an action is described as marginal cost.
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