Use the Following Figure to Answer the Question : Figure

question 6

Multiple Choice

Use the following figure to answer the question : Figure 12-1 : shows the downward sloping demand and marginal revenue [MR] curves of a monopolist. The MR curve intersects the marginal cost [MC] curve at point B. MC is constant at the P₁.

-Refer to Figure 12-1. If the monopolist cannot price discriminate, deadweight loss will be equal to:

• A)the area P₃AP₂.
• B)the area P₃CP₁.
• C)the area ABC.
• D)zero.

---

Definitions:

Job Rotation

The process of moving employees through a variety of jobs to increase interest and motivation.

Stagnation

A period of little or no growth or development within a business, economy, or any system.

Safety

Refers to the condition of being protected from or unlikely to cause danger, risk, or injury in the workplace or public environments.

Realistic Job Preview

This is a strategy used by organizations to provide potential employees with a true depiction of what working in a particular role or company is like, including both positive and negative aspects.