Question 5 (1 point) Which of the following correctly defines Marginal Resource

Question

Question 5 (1 point) Which of the following correctly defines Marginal Resource Cost? - A) Marginal Resource Cost is the cost of the marginal resource used in production of a intermediate good. B) Marginal Resource Cost is measured by the change in total cost resulting from consuming one more unit of output. C) Marginal Resource Cost is measured by the change in total cost resulting from selling one more unit of a product. D) Marginal Resource Cost is measured by the change in total cost resulting from using one more unit of a resource. Save

Explanation / Answer

D) option should be the answer

the above is answer..

because resource costs related to inputs only and marginal is related to change or addition to total costs.

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