1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivann1987 [24]
3 years ago
8

Explain how firms decide how much labor to hire to produce a certain level of output

Business
1 answer:
ss7ja [257]3 years ago
7 0

The firms focus on improving marginal returns. Apart from this, they focus on specialization which increases the output. The amount of labor the firm plans to hire depends on the level of output it requires. The firm keeps adding new workers until output reaches its crest or peak.

You might be interested in
Match the job titles with the career clusters
Lerok [7]

<u>Business Management and Administration</u>: general manager and executive secretary

<u>Finance</u>: accountant, loan officer

<u>Marketing, sales, and service</u>: survey researcher and purchasing agent

<u>Transportation, distribution, and Logistics</u>: storage and distribution manager and cargo and freight attendant

7 0
3 years ago
Read 2 more answers
Which of the following skills is used by active listeners?
s344n2d4d5 [400]
B is the answer to this
6 0
2 years ago
Louise is overwhelmed with the new tasks that she has been assigned after the department merger. Each day, she arrives at work a
mojhsa [17]

Answer:

D. Time-management.

Explanation:

Time management is the process of planning and exercising conscious control of time spent on specific activities, especially to increase effectiveness, efficiency, and productivity.

8 0
2 years ago
What is the main advantage of having a skill set with a high market value?
MrRa [10]
B. Employers are willing to pay more for those skills.
4 0
2 years ago
Mary co-signs for a car loan for Barbara. What can happen to the car if Barbara misses a few payments on the car loan?
madam [21]
Most likely, Mary would be charged a higher amount of interest for missing payments, and would be charged more and more the if she continued to miss payments.
4 0
2 years ago
Other questions:
  • When money is acting as a store of value, it allows an individual toA. exchange goods for other goods and services in the econom
    7·1 answer
  • The requirements for a physical change to be considered the consequence of aging are: the decline is universal, intrinsic, progr
    9·1 answer
  • Bonni wants to go into business for herself and knows she can start a corporation over the Internet. Instead she chooses to inve
    6·1 answer
  • Which legal form of business ownership does the government have the most control in?
    5·2 answers
  • How does economic efficiency relate to the gains of consumers and producers? a. It a market economy, when the demand for a good
    12·1 answer
  • 20 points :)
    12·2 answers
  • A profit firm in a competitive industry should ________ when marginal costs are falling.
    10·1 answer
  • The use of a variety of marketing channels to ensure maximum distribution is best called _______.
    6·1 answer
  • The following adjusted trial balance is the result of the adjustments made at the end of the month of July for Ladonna Douglas C
    12·1 answer
  • Country A has a GDP of $4,600 in Country A dollars, and Country B has a GDP of $2,400 in Country B dollars. If the exchange rate
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!