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 850 words essay 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 essay:

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

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

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

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

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

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

Format your assignment according to the give formatting requirements:

1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Business Management: How organizations marginal product is related to its demand
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