When a Profit-Maximising Firm Makes a Decision to Employ a Worker

question 196

Multiple Choice

When a profit-maximising firm makes a decision to employ a worker, that decision is based on:

• A)the familial relationship between the employer and the employee
• B)how much output the worker can produce
• C)the individual contribution that the worker makes to the profit of the firm
• D)the total output produced by the firm

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Definitions:

Connective Tissue

A type of biological tissue that supports, protects, and binds other tissues in the body.

Familial Capital

The resources, knowledge, and skills passed down within families that can influence an individual's life chances and educational outcomes.

Aspirational Capital

The ability to maintain hopes and dreams for the future, even in the face of real and perceived barriers.

Resistant Capital

This concept refers to the skills, attitudes, and knowledge that individuals from marginalized groups use to resist and challenge hegemonic norms and values of the dominant society.