Answer: monitoring operation
Explanation:
Monitoring operations requires management oversight, employee feedback and customer reviews. It can help provide specific directions for employees, which can lead to improved time management and increased productivity.
<u>When the average product of labor is decreasing, the marginal product of labor is less than average product of the labor.</u>
Explanation:
whenever the marginal product of labor is greater than the average product of labor the average product of labor must be increasing.
Average Product of labor is defined as the total output that a firm produces divided by the amount of workers required to produce that output.
Marginal Product of Labor is defined as the additional output produced by a firm because of hiring extra workers .
Production function is defined as the inputs used by a firm and the maximum output a firm can produce by employing those inputs
<u>Thus we can say that When the average product of labor is decreasing, the marginal product of labor is less than average product of the labor.</u>
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