Which Rule Does the United Corporation Use When Maximizing Profit

question 148

Multiple Choice

Which rule does the United Corporation use when maximizing profit?

• A) Employ all resources until the value of their marginal products is equal.
• B) If the value of the marginal product of labor exceeds the wage rate, hire fewer workers.
• C) Hire labor up to point at which the value of marginal product of labor equals the wage rate.
• D) Reduce the wage rate until it equals the marginal product of labor.
• E) Hire labor up to point at which the value of marginal product of labor equals the price of the good or service the labor produces for United Corporation.

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Definitions:

Mesocortical Pathway

A neural pathway connecting the ventral tegmental area of the brain to the prefrontal cortex, involved in cognition and emotion.

Tuberoinfundibular

Relating to the pathway between the hypothalamus and the pituitary gland, often involved in regulating hormone release.

Parahippocampal-Subicular

Pertaining to the regions of the parahippocampal and subicular areas in the brain, which are involved in memory encoding and retrieval.

Central Sulcus

A prominent landmark of the brain's surface that separates the frontal lobe from the parietal lobe.