Which of the Following Is Unlikely to Be Classified as a Public

question 389

Multiple Choice

Which of the following is unlikely to be classified as a public policy exception to employment at will should an employee be fired:

• A) filing for bankruptcy
• B) reporting for jury duty
• C) refusing to sign a false statement by an employer for a government report
• D) filing a workers' compensation claim against the employer
• E) all of the other choices would be classified as public policy exceptions

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Definitions:

Profit-Maximizing Rule

A principle stating that firms achieve maximum profit when they produce goods or services to the point where marginal cost equals marginal revenue.

Cost-Minimization Rule

A principle in economics that suggests a firm should produce any given output at the lowest possible cost.

Statements

Assertions or declarations, often formal and written, detailing facts or opinions.

Least Costly Combination

An economic principle that firms seek to achieve by using the combination of factors of production that minimizes their costs while producing a given level of output.