If a Cartel Discovers That Its Marginal Revenue Is Greater

question 71

Multiple Choice

If a cartel discovers that its marginal revenue is greater than its marginal cost of production,the cartel should

• A)Increase production
• B)Shut down
• C)Reduce production
• D)Hire fewer workers
• E)Increase the number of cartel members

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Definitions:

Counterproductive Work Behavior

Actions by employees that intentionally hinder organizational goals or objectives.

Organizational Norms

Shared expectations and rules that guide behavior of people within social groups, including workplaces.

Voluntary Behavior

Actions taken by an individual out of free will without external compulsion or coercion.

Organizational Citizenship Behavior

Voluntary actions by employees that are not part of their formal job requirements but contribute to the organizational well-being.