Which of the Following Statements Is False

question 50

Multiple Choice

Which of the following statements 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.

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Definitions:

Consideration

The extent to which a leader is approachable and shows personal concern and respect for employees.

Leader Reward Behaviour

The leader’s use of compliments, tangible benefits, and deserved special treatment.

Emotional Stability

The ability to remain calm and composed, especially in stressful situations, reflecting resilience and psychological health.

Self-Confidence

The belief in one's abilities, qualities, and judgment, often leading to higher levels of performance and success.