The Rule for the Optimal Use of Any Input States

question 131

Multiple Choice

The rule for the optimal use of any input states that

• A) when MRP is less than price, profit will increase when more of that resource is utilized.
• B) when MRP is greater than resource price, profit will increase when more of that resource is utilized.
• C) when MRP equals price, profit will increase when less of that resource is utilized.
• D) when MRP is greater than resource price, profit will increase when less of that resource is utilized.
• E) resources should be used only if MRP exceeds product price.

---

Definitions:

Sororities

Social organizations at colleges and universities primarily for women, focusing on academic, philanthropic, and social activities.

Research Method

A systematic procedure or strategy employed in scientific or academic research to gather, analyze, and interpret data.

Racial Discrimination

Unfair treatment of individuals based on their race, leading to inequalities in various aspects of life, including employment, education, and justice.

Experimental Method

A research methodology that systematically manipulates one variable to test its effect on another, allowing for controlled observations and conclusions about causality.