What is diminishing marginal product if you have a business
What is 'diminishing marginal product'? If you have a business and someone tells you that you've hired labor to the point that you have diminishing marginal product of labor, should you be concerned? Does this mean profits aren't being maximized?
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what is diminishing marginal product if you have a business and someone tells you that youve hired labor to the point
you run a sandwich shop with 5 employees who produce 400 sandwiches each day you hire another employee now you have six
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imagine you are an economic consultant for the city of storrs the city council has asked you to predict how building
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