Answer:
The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.
Answer:did you ever get an answer because I don’t know.
Explanation:
The understanding comes primarily from better and more skilled management personnel.
<h3>
What are management personnel?</h3>
- Human Resources Management is the administrative function within an organization that oversees the employment, organization, and support of employee positions.
- Human resource management is a branch of human resource management focused on recruiting the right people and supporting those already working for the company.
- A key executive is an individual who has the authority and responsibility to directly or indirectly plan, direct and control the activities of an enterprise, including directors (executives or others) of that enterprise.
- Good human resources management is responsible for creating and maintaining a harmonious work environment.
- This includes ensuring that the company's compensation and benefits strategy fosters success, employee disciplinary and grievance procedures, effective communication, and sound health and safety policies.
Thus, management personnel helps to achieve the organizational goals which lead to profit maximization.
To know more about personnel management refer to:
brainly.com/question/25443563
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