Your Boss Wants to Know If You Should Lay Off

question 42

Multiple Choice

Your boss wants to know if you should lay off any workers.You answer that you should lay off workers if the

• A)marginal revenue product of labor is greater than the nominal wage rate.
• B)marginal product of labor is greater than or equal to the real wage rate.
• C)marginal revenue product of labor is equal to the nominal wage rate.
• D)marginal product of labor is less than the real wage rate.

---

Definitions:

Accessory Nerves

Cranial nerves (XI) that are responsible for moving certain neck and shoulder muscles.

Throat

The anterior part of the neck, starting from the mouth and nasal cavity to the esophagus and larynx, acting as a pathway for food and air.

Neck

The neck is the part of the body that connects the head to the torso, containing structures that support movement, blood flow, and nerve communication.

Hypoglossal Nerves

Cranial nerves responsible for controlling the movements of most of the muscles in the tongue, crucial for speech, swallowing, and food manipulation.