ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Marginal factor cost is defined as the amount that an additional unit of the variable input adds to a. variable cost b. total cost c. marginal cost d. marginal rate of technical substitution e. none of the above
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Transcribed Image Text:Marginal factor cost is defined as the amount that an additional unit of the variable input adds to a. variable cost b. total cost c. marginal cost d. marginal rate of technical substitution e. none of the above
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