How organizations marginal product is related to its demand


Assignment

Select an organization with which you are familiar or an organization where you work.

Develop a 15- to 20-slide Microsoft PowerPoint presentation to be presented to the CEO's executive committee that addresses how your chosen organization determines what quantity of labor to demand and what events could shift the demand and supply of that labor.

Explain the following in your presentation:

How your organization's production function is related to its marginal product of labor.

How your organization's marginal product of labor is related to the value of its marginal product.

How your organization's marginal product is related to its demand for labor

Examples of events that could shift the demand or supply of labor and why they do so.

Reasons a worker's wages might be above the level that balances supply and demand.

An analysis of the impact that government policies addressing income inequity and poverty could have on labor demand or supply.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How organizations marginal product is related to its demand
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