The Shadow Price Is the Value of One Additional Unit

question 100

True/False

The shadow price is the value of one additional unit of a scarce resource.

---

Definitions:

Tourist Attraction

A place of interest where tourists visit, typically for its inherent or exhibited cultural value, historical significance, natural or built beauty.

Wild Cats

Undomesticated felines that live in a variety of habitats around the world.

Antelopes

A diverse group of hoofed mammals belonging to the Bovidae family, known for their speed and agility.

Rodents

A large group of mammals characterized by a single pair of continuously growing incisors in each of the upper and lower jaws, including rats, mice, and squirrels.