Considering capital, marginal factor cost is defined as the
a. extra output produced by employing one more unit of capital (or loanable funds)
b. extra total cost attributed to employing one more unit of capital (or loanable funds)
c. contribution of capital (or loanable funds) to the final product
d. change in capital (or loanable funds) required to produce one more unit of output
e. change in total revenue contributed by an extra unit of capital (or loanable funds)
B
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Of the following high-income countries, which has the lowest number of MRI units per 1 million population?
A) Canada B) Japan C) the United Kingdom D) the United States
Describe the four legal procedures available to U.S. firms to seek protection from foreign competition. What circumstances would warrant a request under each? How frequently is each used? What would be the result if the firm won?
What will be an ideal response?