An input should be so allocated that the value added by the last unit is the same in all cases. | Faculties

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Shiva Ram

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📊 Managerial Economics 1

Q. An input should be so allocated that the value added by the last unit is the same in all cases.

(A) opportunity cost principle
(B) equi-marginal principle
(C) incremental principle
(D) discounting principle

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✅ Correct Answer: (B) equi-marginal principle

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