MousaJarad08 MousaJarad08
  • 20-10-2020
  • Business
contestada

Why does the marginal product of labor decrease with more than four workers in this
example

Respuesta :

jackiejackson53
jackiejackson53 jackiejackson53
  • 20-10-2020

Answer:

As more people are hired, the marginal product of labor decreases because eventually having more and more employees will not make the company more productive. ... If a firm knows the total cost at several levels of output then in order to find M.C. they calculate the additional cost of one more unit.

Explanation:

Answer Link

Otras preguntas

what was the name of the series of laws put in place to encourage the 13 English colonies to trade with England
In what way we're Spanish and French explorers alike?
If you have two drums and 4 flutes write ratio as a fraction in simplest form
Which city has already hosted the Olympic Games three times?
Divide 33 photos into two groups so the ratio is 4 to 7.
A 4-pound bag of sugar contains 454 one-teaspoon servings and costs $3.49. A batch of muffins uses 1/4 cup of sugar. How many batches can you make if you use al
write and solve a formula to find the perimeter of the field exculding the two shooting circles.
Can anyone explain to me how to solve this? -5x-10=2-(x+4)
how did the perception of the pharaoh by his subjects reinforce the type of Egyptian government
What are three ways the atmosphere helps support life on Earth?