Which Statement Is TRUE

question 192

Multiple Choice

Which statement is TRUE?

• A) If W < VMPL,the firm should hire more labour.
• B) If W > VMPL,the firm should hire more labour.
• C) If W = VMPL,the firm should hire more labour.
• D) If W > 0,the firm should shut down.

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Definitions:

Sanctions

Penalties or measures imposed by a government or organization to enforce obedience or deter unacceptable behavior.

Disciplinary Proceedings

The formal process through which an organization or institution addresses and corrects violations of rules or codes of conduct by its members or employees.

Civil Monetary Penalties

Fines imposed by government agencies for violations of certain regulations or laws.

Securities Act of 1933

A U.S. law enacted to protect investors by requiring that securities sold in interstate commerce be registered and disclose relevant financial information.