If Marginal Revenue Exceeds Marginal Costs

question 35

Multiple Choice

If marginal revenue exceeds marginal costs

• A)production should be increased.
• B)production should be increased and profits will grow.
• C)production should be increased and losses will decrease.
• D)all of these choices are possible.

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Definitions:

Douglas McGregor's Contribution

Refers to his Theory X and Theory Y, which are concepts regarding human behavior and motivation in the workplace, suggesting different management and leadership styles.

Sexual Harassment

Unwanted or unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature in the workplace or educational settings.

Quid Pro Quo

A reciprocal exchange where something is given in return for something else.

Anti-Humanistic View

A perspective that criticizes or rejects the principles of humanism, which emphasizes the value and agency of human beings, individually and collectively.