Marginal Productivity Theory States That to Maximise Profits an Employer

question 15

Multiple Choice

Marginal productivity theory states that to maximise profits an employer will employ workers up to the point where the worker's _________ equals __________ .

• A) AC, MRP
• B) MC, MRP
• C) MC, MPP
• D) MC, TPP

---

Definitions:

Compromise Style

A conflict resolution approach where parties involved in a disagreement each give up something to reach a mutually acceptable solution.

Assertiveness

The quality of being self-assured and confident without being aggressive, expressing one's views and standing up for oneself respectfully.

Cooperative Responses

Actions or behaviors that involve working together towards a common goal or in mutual benefit.

Compromise

Compromise involves finding a middle ground in disputes or disagreements where all parties make concessions to reach a mutually acceptable solution.