In each of the following four cases, MRPL and MRPC refer to the marginal revenue products of labor and capital, respectively, and PL and PC refer to their prices. Indicate whether each of the following is consistent with maximum profits for the firm. If not, state which resource(s) should be used in larger amounts and which resource(s) should be used in smaller amounts.a. MRPL = $8; PL = $4; MRPC = $8; PC = $4.These conditions are consistent with maximum profits for the firm: (Click to select) False TrueWhich resource should be used in larger and/or smaller amounts: (Click to select) 1.) Use less of both 2.)Conditions are already consistent 3.)Use more of both 4.)Use less labor and more capital 5.)Use more labor and less capitalb. MRPL = $10; PL = $12; MRPC = $14; PC = $9.These conditions are consistent with maximum profits for the firm: (Click to select) True FalseWhich resource should be used in larger and/or smaller amounts: (Click to select) Use less of both Conditions are already consistent Use more of both Use less labor and more capital Use more labor and less capitalc. MRPL = $6; PL = $6; MRPC = $12; PC = $12.These conditions are consistent with maximum profits for the firm: (Click to select) True FalseWhich resource should be used in larger and/or smaller amounts: (Click to select) Use less of both Conditions are already consistent Use more of both Use less labor and more capital Use more labor and less capitald. MRPL = $22; PL = $26; MRPC = $16; PC = $19.These conditions are consistent with maximum profits for the firm: (Click to select) False TrueWhich resource should be used in larger and/or smaller amounts: (Click to select) Use less of both Conditions are already consistent Use more of both Use less labor and more capital Use more labor and less capitalNote this is a multipart question