Which of the Following Is Not Consistent with Profit Maximization

question 90

Multiple Choice

Which of the following is not consistent with profit maximization monopsonistic behaviour?

• A)output price equals marginal revenue.
• B)setting marginal factor product equal to input supply
• C)equalization of marginal factor costs
• D)setting aggregate marginal factor costs equal to marginal revenue product

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Definitions:

Ideologically Bound

Being closely attached or committed to a particular set of beliefs or ideology.

State Debts

The financial obligations incurred by the governments of individual states, often as a result of borrowing to fund public projects and services.

Speculators

Individuals or entities that invest in markets primarily to profit from fluctuations in asset prices, rather than from the intrinsic value or income of the assets.

Face Value

The nominal value or stated value of a financial instrument or currency, as printed or inscribed on it.