question archive Marginal resource cost is: A) the increase in a firm's total cost caused by hiring one additional unit of an input

Marginal resource cost is: A) the increase in a firm's total cost caused by hiring one additional unit of an input

Subject:EconomicsPrice: Bought3

Marginal resource cost is:
A) the increase in a firm's total cost caused by hiring one additional unit of an input.
B) a firm's cost of hiring one group of inputs, such as capital or labor.
C) the firm's demand curve for a productive resource.
D) determined by the marginal physical product schedule for an input.

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