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:

Short-Term

Relating to or occurring over a short period of time; often used in the context of memory to describe information held temporarily for processing.

Trace

A very small amount or indication of something.

Sensory

Relating to or involving the senses or sensation, including the reception and processing of information through sight, sound, touch, taste, and smell.

Sort Cards

A task or activity involving the categorization of cards into groups according to specific criteria or characteristics.