The equimarginal principle requires that total production be distributed among sources so that their marginal costs of
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The equimarginal principle requires that total production be distributed among sources so that their marginal costs of production are equalized. How is this principle related to the socially efficient level of output?
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International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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