Astudent argues: "to maximize profit, a firm should produce the quantity where the difference between marginal revenue and marginal cost is the greatest. if a firm produces more than this quantity, then the profit made on each additional unit will be falling."
is the above statement true or false?

a. true. as per-unit profit falls, total profit falls.
b. false. profit is maximized at the output level where marginal revenue equals marginal cost.
c. false. per-unit profit increases and is maximized where marginal revenue equals marginal cost.
d. true. this is where marginal profit equals marginal cost and profit is maximized.

Bella is the new president of first edition, a group dedicated to the promotion of english literacy in first-generation immigrant communities. in the two years that have passed since bella took the position, the organization's members have become more passionate about their mission and intensified their activities—they put in long hours teaching children to read, promoting the program to parents, and soliciting donations. bella's strength is in her ability to inspire others and make them believe that they are part of something greater than themselves. which term best captures bella's leadership style? a. transactional b. transformational c. legitimate authority d. absolute authority