Examlex
According to research cited in the textbook,which source is used by the majority of Canadian employers?
Marginal Benefit
The extra utility or satisfaction that is derived from the consumption or manufacture of one more unit of a good or service.
Marginal Cost
The growth in complete cost caused by the manufacture of one more unit of a good or service.
Artificially Scarce Good
A product or service whose availability is limited due to artificial constraints, such as legal restrictions or monopolistic practices, rather than natural scarcities.
Competitive Market
A market structure where many firms offer products or services that are similar, allowing consumers to find substitutes easily.
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