Respuesta :
The correct response is b) its marginal resource cost. The increased expense incurred by using one more unit of the input is known as the marginal resource cost.
It is calculated by dividing the variation in the total cost by the variation in the number of inputs. The increased expense incurred by using one more unit of the input is known as the marginal resource cost. It is calculated by dividing the variation in the total cost by the variation in the number of inputs. Resources also have a marginal revenue cost (MRC), which is determined by dividing the change in total resource cost by the change in unit resource amount. Press the M+ button to add a number to the calculator's memory in order to use the memory feature of the UCAT calculator. To recall this number, press the MRC button. This is especially helpful for calculating out complex powers. To calculate 17.85, for instance, type 17.8 and press the M+ button.
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if a firm employs resources in imperfectly competitive markets, to maximize its profits the marginal revenue product of each resource must equal:
a) its marginal product
b) its marginal resource cost
c) its price
d) 1
