When MFC < MRP, a Firm in a Competitive Market

question 101

Multiple Choice

When MFC < MRP, a firm in a competitive market will

• A) stop hiring.
• B) hire more workers.
• C) earn fewer profits.
• D) layoff workers.

---

Definitions:

Thrustline

The imaginary line in a vehicle that represents the direction of the force that is applied to propel the vehicle forward.

Dog-tracking

A condition where a vehicle's rear alignment is off-center compared to the front, causing it to move diagonally down the road.

Perpendicular

At right angles to.

Light Beam Alignment

Suspension/chassis alignment instruments that use projected light beams and templates.