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Marginal factor cost (MFC) is

funkiiee

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Marginal factor cost (MFC) is

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the additional cost generated by producing an additional unit of output.

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the additional revenue generated by employing an additional factor unit.

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the additional cost generated by employing an additional factor unit.

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total cost from the production of a product divided by the total number of factor units used.

Textbook

Economics

Edition: 12^th

Author: Arnold

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satish1015

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More solutions for this book are available here

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funkiiee Author

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

bkrandy

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This helped my grade so much Perfect

Alina01978

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Thanks for your help!!

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