Assuming Labor Is the Only Variable Factor of Production, Production

Multiple Choice

Assuming labor is the only variable factor of production, production of a good will not occur

A) as long as the marginal revenue product of labor is positive.
B) if society values a good less than it costs firms to hire the workers to produce the good.
C) as long as the productʹs price is less than the marginal revenue product of labor.
D) if the marginal cost of a unit of output equals the marginal revenue product of labor.