Marginal Resource Cost Is Defined as the

question 110

Multiple Choice

Marginal resource cost is defined as the

• A)additional cost of producing an additional unit of output
• B)change in resource employment required to increase the units of output produced
• C)ratio of marginal revenue product to the market price of the output sold
• D)additional cost of employing one additional unit of a resource
• E)ratio of the change in total resource usage to the change in total resource cost

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Definitions:

Disadvantages

Negative aspects or drawbacks associated with a situation, decision, or action.

Design Element

Fundamental aspects or components used in creating a visual design, such as color, shape, line, texture, space, and form.

Contrast

The state of being strikingly different from something else in juxtaposition or close association.

Isolate Elements

To separate specific parts or components from a whole for individual consideration or analysis.