Marginal Factor Cost (MFC)is

question 68

Multiple Choice

Marginal factor cost (MFC) is

• A)the additional cost incurred by employing an additional factor unit.
• B)the additional output generated by employing an additional factor unit.
• C)equal to factor price for a factor price searcher.
• D)the additional revenue generated by employing an additional factor unit.

Understand the relationship between interest rates, investment decisions, and the demand for loanable funds.

Interpret how changes in interest rates affect the behavior of borrowers and lenders in the marketplace.

Understand the basic concepts of the loanable funds theory including supply and demand dynamics.

Identify the factors that cause shifts in the supply and demand for loanable funds.

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