Firms Hire Labour

question 122

Multiple Choice

Firms hire labour

• A)to minimize the average cost of the employment of labour.
• B)to exploit workers.
• C)to maximize profit.
• D)because capital is more expensive.
• E)to minimize costs.

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Definitions:

Adrenal Glands

Glands at the top of each kidney that are responsible for regulating moods, energy level, and the ability to cope with stress.

Epinephrine

Also known as adrenaline, it is a hormone and neurotransmitter involved in the body's fight-or-flight response.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, influencing blood pressure, heart rate, and glucose metabolism.

Molecular Genetics

A branch of genetics that studies the structure and function of genes at a molecular level, including how genes are transferred from generation to generation.