Marginal factor-Costs problem

I have a problem in economics on Marginal factor Costs. Please help me in the given question. The synonymous words marginal factor costs or marginal resource costs signify to the: (p) Cost incurred in generating an additional unit of the capital. (q) Cost to the resource owner of securing employment for resource. (r) Additional cost included in hiring the additional unit of a resource. (s) Modification in total cost related with the production of one more unit of the output.

Choose the correct option from the above.

View Complete Question

Related Questions in Microeconomics

Q : Profit-maximizing competitor in short

This profit-maximizing pure competitor would close down within the short run when the price fell below the price resultant to: (i) point c. (ii) point d. (iii) point e. (iv) point f. (v) point g.

Q : Illustration of least price elastic in

The least price elastic within supply of the given items would be: (w) Ferrari racing cars. (x) tool kits imported by China. (y) wheat. (z) original Picasso drawings. I need a good answer on the topic of Ec

Q : How changes in weather affect

I have a problem in economics on how changes in weather affect agricultural output. Please help me in the following question. Economists consider how changes in the weather influence the agricultural output as: (i) Signs of ecological imbalances. (ii) Technological mo

Q : Advantages to sole proprietorships and

The benefits to sole partnerships and proprietorships associative to the corporations are that both contribute to: (1) Lack of permanence. (2) Limitless financial resources. (3) Limitless liability. (4) Simplicity of organization.

Q : Moderately increasing costs When this

When this purely competitive industry is described by moderately increasing costs, in that case line C would represent: (w) the demand curve facing the entire industry as a whole. (x) market-period supply. (y) long-run market supply. (z) short-run sup

Q : Interaction of demand and supply with

Identify and explain the main economic factors that determine the price of a good or service. Please include how demand and supply interact and elasticity, etc. Also give examples with graphs.

Q : Moral Hazard-Risk of money When you

When you paid a friend’s entrance fee for the poker tournament and agreed to divide any winnings and then your friend played sloppily as your money is at risk, not his, and then you have suffered since of: (1) Adverse selection. (2) Fraudulent information. (3) I

Q : Price below perfect competition Who

Who decides price beneath perfect competition? Answer: Price under perfect competition is recognized by the forces of market demand and supply in business.

Q : Condition for deficit in balance of

What is the condition when there is a deficit in balance of trade? Answer: When import > export

Q : Problem regarding market demand curve

Hey friends I need your help for illustrated figure in below where for cranberries, the market demand curve is: (i) A. (ii) B. (iii) F. (iv) J. (v) E. 1579_</span></p>
</div>

</li>

</td>
</tr>
</table>

</ul>

</div>
</div>
<div class=

Discover Q & A

Leading Solution Library

Avail More Than 1453857 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1944030
Asked

3,689

Active Tutors

1453857

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment