--%>
Assignment Help - homework help

Marginal Resource Costs problem

Can someone please help me in finding out the accurate answer from the following question. The synonymous words of marginal factor costs or marginal resource costs signify to the: (i) Cost incurred in generating an extra unit of capital. (ii) Cost to the resource owner of securing employment for resource. (iii) Additional cost included in hiring an extra unit of a resource. (iv) Modification in total cost related with the production of one more extra unit of output.

   Related Questions in Microeconomics

  • Q : Long-run supply curve in industry When

    When Christmas trees are a constant cost industry and such firm is typical, in that case the industry’s long-run supply curve is curve that is: (w) A. (x) B. (y) C. (z) E.

    Q : Annual Percentage Rate and Annual

    Interest stated at an annual percentage rate that stands for APR is the rate of interest without consideration of compounding throughout that year. Yearly or annual percentage yield [APY] refers to interest which is compounded continuously. When a ban

    		•
  • Q : Tariffs and Tax Revenues An import

    An import tariff on Japanese cars of ac generates government revenue equivalent to: (w) trapezoid bcde. (x) rectangle P1to P2ca. (y) distance Q0   to Q1. (z) rectangle 0P2dQ2.

    Q : Labor-Leisure Tradeoffs features When

    When the real wage increases, an extra unit of: (1) Labor supplied will purchase fewer goods. (2) Leisure is more costly. (3) Output needs more labor time. (4) Capital becomes more highly employed. Find out the right answer from th

    		•
  • Q : Analytic time of corn harvest The

    The period after one corn harvest is done and before the subsequent corn harvest begins is the: (1) short-run. (2) intermediate period. (3) long-run. (4) market period. (5) fiscal year for budgeting. Can someone explain/help me wit

    		•
  • Q : Define regressive in taxes as

    Line T2 depicts as in below graph a tax system which is: (i) progressive. (ii) recessive. (iii) proportional. (iv) biased. (v) regressive.

    Q : Government banks function Government

    Government banks function: The central bank conducts the banking account of the government departments. This performs similar banking functions for the government as commercial bank executes for its customers. This accepts their deposits and undertake

    		•
  • Q : Effect of preference on demand Maureen

    Maureen generally drinks two glasses of Lost Horizons Cabernet Sauvignon each evening. Her demand for her preferred brand is least probable to be influenced by:  (i) The bad crop of grapes lowering the quality of Lost Horizons Cabernet. (ii) Getting a $4000 annua

    		•
  • Q : Barriers to entry A barrier to entry

    A barrier to entry is: (w) an impediment for firms to expand their output capacity. (x) a limit to the number of entrants to a monopolist industry. (y) an obstacle which makes this hard for new firms to enter the industry. (z) the fixed cost to a pote

    		•
  • Q : Annual economic profit of production

    When point e corresponds to $18 per copy for St. Valentine’s Day software, so Prohibition Corporation can produce annual economic profit of at most just about: (i) $100 million. (ii) $140 million. (iii) $200 million. (iv) $300 million. (v) $400

    		•