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For a competitive firm, which of the following quantities is equal to marginal cost?
Pension Benefits
Payments made to employees after retirement, based on years of service and salary history, as part of a retirement plan.
Medical Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, typically offered as part of employment benefits.
Federal Government
The national government of a federal country, which holds the authority over matters that affect the country as a whole.
Time-Off Benefits
Workplace policies allowing employees paid or unpaid leave for personal reasons, holidays, sickness, or family care, enhancing work-life balance.
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