Use the Following to Answer Questions

question 4

Multiple Choice

Use the following to answer questions:
Figure: The Demand for Bricklayers
-(Figure: The Demand for Bricklayers) Look at the figure The Demand for Bricklayers. Which of the following statements is TRUE?

• A) Bricklayers should be hired whenever the value of the marginal product of bricklayers is greater than or equal to the market wage rate of bricklayers.
• B) The profit-maximizing condition for firms hiring bricklayers is where VMPL_bricklayers is less than the market wage rate.
• C) The profit-maximizing condition for firms hiring bricklayers is where MP_bricklayers equals the market wage rate.
• D) Bricklayers should be hired whenever the market wage rate of bricklayers is greater than the value of the marginal product of bricklayers.

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Definitions:

Desmosomes

Cell structures specialized for cell-to-cell adhesion, providing mechanical strength to tissues by binding cells together via linker proteins.

Tight Junctions

Specialized connections between neighboring cells that prevent the leakage of substances across a tissue.

Glands Ducts

Glands ducts are tubes through which glands secrete their products, such as hormones or enzymes, to their intended site of action or use.

Compound

Substance composed of two or more different types of atoms that are chemically combined.