Which of the Following Is a Condition for Maximum Profit

question 126

Multiple Choice

Which of the following is a condition for maximum profit for a firm in a competitive labour market?

• A) MP = W
• B) VMP = W
• C) MC = W
• D) VMP = MC

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Definitions:

The Feminine Mystique

The book widely credited with sparking second-wave feminism in the United States. Author Betty Friedan focused on college-educated women, arguing that they would find fulfillment by engaging in paid labor outside the home.

Betty Friedan

An influential feminist writer and activist, best known for her 1963 book "The Feminine Mystique," which challenged traditional roles for women.

Middle-Class Women

Women who belong to the socioeconomic class traditionally characterized by moderate income levels, educational attainment, and occupational status, with specific reference to their roles and experiences in society.

Black Panther Party

A Black Power political organization founded in 1966 to fight police brutality and advocate for the African American community's rights and self-defense.