Aprofit-maximizing firm will use more of a factor of production when: the extra cost of using an additional factor unit is less than the marginal revenue product of the additional factor unit. the extra cost of using an additional factor unit is less than the marginal physical product of the additional factor unit. the marginal physical product of the additional factor unit is greater than the marginal revenue product (mrp) of the additional factor unit. the marginal physical product of the additional factor unit is less than the marginal revenue product of the additional factor unit. apply your answer as an argument to the labor market—when the wage rate is below the mrp, the firm should hire workers. therefore, what is the relationship between a perfectly competitive firm's mrp curve for an input and that firm's demand curve for that input

Corporations with suppliers, vendors, and customers all over the globe are referred to as : a) global corporations b) international corporations c) multinational corporations d) multicultural corporations

At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?