question archive 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.