Which of the Following Is False

question 104

Multiple Choice

Which of the following is false?

• A) The value marginal product is a measure of the value that each factor unit adds to the firm's product.
• B) For a monopolist, value marginal product equals marginal revenue product.
• C) A change in the price of the product labor produces or a change in the marginal physical product of labor (reflect in a shift in the MPP curve) will shift the demand curve for labor.
• D) For a perfectly competitive firm, value marginal product equals marginal revenue product.

---

Definitions:

Temporary Foreign Workers

Individuals from other countries employed in another country on a temporary basis, often to fulfill specific job shortages.

Asylum Seekers

Individuals who flee their home country to seek protection elsewhere due to persecution, violence, or fear of harm based on various grounds.

Family Class Sponsorships

A program specific to certain countries like Canada, allowing citizens or permanent residents to sponsor relatives, including spouses, partners, children, or other eligible relatives for immigration.

Economic Class

An immigration category that includes federal and Quebec-selected skilled workers, federal and Quebec-selected business immigrants, provincial and territorial nominees, the Canadian Experience Class (CEC), and caregivers, as well as spouses, partners, and dependants who accompany the principal applicants in any of these economic categories (Government of Canada, 2016a).