Technician a Says Oily Rags Must Be Stored in a Labeled

question 66

Multiple Choice

Technician A says oily rags must be stored in a labeled and sealed metal container. Technician B says water on the shop floor could present an electric shock hazard. Who is correct?

• A)A only
• B)B only
• C)Both A and B
• D)Neither A nor B

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Definitions:

Profit Maximization

A process or strategy in which a firm's primary objective is to achieve the highest possible profits by adjusting its production and pricing techniques.

Input Increases

A situation where there is an enhancement or augmentation in the resources used for production.

Marginal Product

The marginal product is the additional output resulting from a one-unit increase in the use of a variable input while holding other inputs constant.

Wage Rate

The amount of compensation that workers receive in exchange for their labor per unit of time.