Using the following question: "Is the value of the final goods determined by the factors of production OR does the value of the final Goods determine the value of the factors of production?" How were the Marginalists different than previous economists?

Using the following question: "Is the value of the final goods determined by the factors of production OR does the value of the final Goods determine the value of the factors of production?" How were the Marginalists different than previous economists?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter1: Welcome To Economics!

Section: Chapter Questions

Problem 5SCQ: What would be another example of a system in the real world serve could serve as a metaphor for...

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Using the following question: "Is the value of the final

goods determined by the factors of production OR does

the value of the final Goods determine the value of the

factors of production?" How were the Marginalists

different than previous economists?

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