If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.
What is the change in total output that results from hiring one additional worker?
The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.
Does hiring additional workers increase the total revenue at a decreasing rate?
Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.
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Answer:
These teams are both cross functional and project teams.
Explanation:
Cross functional team comprises of group of people who have different functional expertise and come from various aspects of organization.
These people come from different departments of the organization and work for a common goal.
Organizations often form cross-functional team for a short period for specific projects.
Here, this team is formed for the project of product launch so it is an example of cross functional project team.
Answer:
The best option is a.
The court will award Scotty a reasonable amount for the lessons he already taught.
Explanation:
Answer:
Saving plan
Explanation:
The saving plan are the life insurance plans that offers the various opportunity to an individual in order save and accumulated the fund for the upcoming future
Since Troy has $50 a month and the same is transferred electronically from his checking account to his saving account so automatically he saves each month
Therefore the same represent the saving plan
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They expect to not be having to regulating the industry anymore, or concern them selves regarding regulations of the said industry.
