--%>

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: (i) Cost incurred in generating an additional unit of the capital. (ii) Cost to the resource owner of securing employment for resource. (iii) Additional cost included in hiring the additional unit of a resource. (iv) Modification in total cost related with the production of one more unit of the output.

Choose the correct option from the above.

   Related Questions in Microeconomics

  • Q : Monopolist in an output market Can

    Can someone please help me in finding out the accurate answer from the following question. The labor monopsonist who is as well a monopolist in an output market: (1) Always makes huge profits. (2) Hires more units of the labor when

  • Q : Short-run and long-run average total

    A firm generating where MC = SRAC = LRAC operates at the minimum point of its: (w) short-run and long-run average total cost curves. (x) long-run total cost curve. (y) total physical product of labor curve. (z) maximum profit curve.

    Q : Annuity of the Perpetuity Dividing the

    Dividing the annuity of the perpetuity by the interest rate gives in the perpetuity’s: (w) rate of return. (x) present value. (y) internal rate of discount. (z) capitalization rate. Can someo

  • Q : Who tries to buy low in expectation for

    A person who tries to buy low within expectation of being capable to sell high later is: (w) profiteer. (x) speculator. (y) financial intermediary. (z) capital supplier. Hello guys I want your advice. Please recommend some views fo

  • Q : Minimize average total costs

    LoCalLoCarbo that is Favorite Corporation of fad dieters, which can minimize its average total costs near producing: (i) output q1 at point a. (ii) output q2 at point b. (iii) output q3 at point e. (iv) output q4 at point f. (v) output q5 at point g.<

  • Q : CAPM and Portfolio The information is

    The information is illustrated below: (a) Determine the expected return on Stock X?

  • Q : Definition of Consumer Surplus The

    The difference among the price a consumer would have been eager to pay for the commodity and the price consumer really has to pay is termed as: (i) Gain. (ii) The substitution effect. (iii) The income effect. (iv) Consumer surplus.

  • Q : Monopolistic competition firm in

    firm in monopolistic competition maximizes its profit by producing where its price is equal to its marginal cost." Is this statement correct or incorrect? Explain.

  • Q : Conditions of producers equilibrium

    Conditions of producers equilibrium: The conditions of producers equilibrium through the marginal cost and marginal revenue approach are as follows. 1. Marginal cost should be equal to marginal revenue.

  • Q : Normal accounting profits I have a

    I have a problem in economics on Normal accounting profits. Please help me in the following question. The normal accounting profits are considered by the economists to be: (i) Exploitation of the consumer. (ii) Evidence of monopoly power. (iii) Economic costs of the p