In the Book, James Told a Story About How When

question 43

Multiple Choice

In the book, James told a story about how when he went to Germany, only those holding the position of "director" or higher could ask him questions. The "regular" professors and researchers were passing notes to these directors in order to ask their questions. These audience members were observing the maxim of ________ according to Grice's Cooperative Principle.

• A) quality
• B) quantity
• C) relevance
• D) manner

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Definitions:

Profit-Maximizing Firm

A company that operates with the primary goal of maximizing its profits by adjusting output and pricing.

Marginal Revenue Product

The increased earnings resulting from the utilization of one more unit of either labor or capital.

Wage

The price paid for the use or services of labor per unit of time.

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing to buy at various prices.