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Which of the following would be most likely to cause an outward shift of the demand curve for electricity?
Marginal Revenue Product
The additional revenue generated by employing one more unit of a factor, like labor or capital, indicating the value of the marginal product of the factor.
Marginal Resource Cost
The additional cost incurred by using one more unit of a resource in production, contributing to decision-making about resource allocation.
Labor Demand Data
Information and statistics related to the number of workers that employers are willing and able to hire at different wage levels.
Labor Supply Data
Information and statistics regarding the availability of workers and their willingness to work at various wage levels.
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