Which of the Following Is (Are) True

question 89

Multiple Choice

Which of the following is (are) true?

• A) To assess a firm's demand for capital we must determine the present value of marginal revenue products and marginal factor costs of capital.
• B) A firm maximizes profit in the hiring of capital when the MRP of capital is greater than the MFC of capital.
• C) A firm should hire less capital if the MRP of capital is greater than the MFC of capital.
• D) A and B are true.

---

Definitions:

Grand Jury

A legal body empowered to conduct official proceedings to investigate potential criminal conduct and to determine whether criminal charges should be brought.

Federal Question

A matter that involves the U.S. Constitution, a federal statute or statutes, or a treaty; handled by federal district courts.

Treaty

A formally concluded and ratified agreement between countries or sovereign states.

Cyber-Jurisdiction

The authority of a court to hear a case based on Internet-related transactions.