The addition to total cost that results from employing one additional unit of a resource is called

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Marginal factor cost refers to the additional cost incurred by using one more unit of a resource (like labor or capital). It's a specific term used in the context of resource or factor markets, differentiating it from marginal cost, which is more generally applied to the cost of producing one additional unit of a product.

The Addition to Total Cost That Results from Employing One