If a Firm Hires Labor and with Its Current Employees

question 281

Multiple Choice

If a firm hires labor and with its current employees W = VMPL,then profit:

• A)is maximized.
• B)can be increased by hiring less labor.
• C)can be increased by hiring more labor.
• D)can be increased by increasing the wage rate.

---

Definitions:

Pleura

The thin membrane that envelops the lungs and lines the inner surface of the chest wall, performing a crucial role in respiratory movement and protection.

Acute Epiglottitis

A serious, life-threatening condition characterized by inflammation of the epiglottis, the flap at the base of the tongue that keeps food from going into the trachea during swallowing.

Obstruction

A blockage in a bodily passage preventing the normal flow of fluids or contents within the body.

Congenital Anomalies

Birth defects that can involve many different parts of the body including the brain, heart, lungs, liver, bones, and intestinal tract.