A manager should never hire another worker if the new person causes diminishing returns

a manager should never hire another worker if the new person causes diminishing returns At a management luncheon, two managers were overheard arguing about the following stamen: “a manager should never hire another worker if the new person causes diminishing returns” is this statement correct.

A manager should never hire another worker if the new person causes diminishing returns new hire orientation: a new approach it is the first day of your new job after arriving, suddenly you flashback to the last time you were in this situation. If the new worker causes diminishing returns, it means that she produces less than the worker hired before her let’s say that a restaurant hires workers at the rate of $80 per day a chef, on average, can prepare 60 meals per day. At a management luncheon, two managers were overheard arguing about the following statement, a manager should never hire another worker fi the new person causes diminishing returns is this statemen.

a manager should never hire another worker if the new person causes diminishing returns At a management luncheon, two managers were overheard arguing about the following stamen: “a manager should never hire another worker if the new person causes diminishing returns” is this statement correct.

The statement, “a manager should never hire another worker if the new person causes diminishing returns” is false a manger should hire what is needed as long as the point of negative marginal product is not reached going beyond the point of diminishing returns is okay, just not beyond negative marginal product.

Hiring a new worker and diminishing returns at a management luncheon, two managers were overheard arguing about the following statement: a manager should never hire another worker if the new person causes diminishing returns.

Ecom 3305 hw 3 answers q1: ch 8 (10%) at a management luncheon, two managers were overheard arguing about the following statement: “a manager should never hire another worker if the new person causes diminishing returns” is this statement correct if so, why if not, explain why not. At a management luncheon, two managers were overheard arguing about the following statement: a manager should never hire another worker if the new person causes diminishing returns is this statment correct if so, why if not, explain why not.

A manager should never hire another worker if the new person causes diminishing returns

Best answer: when you hire an additional worker there is always a tendency for diminishing marginal returns this doesn't mean that the additional worker looses you money, instead it is a theory that says for each additional worker hired the profit margin created by each worker gets lower.

2 at a management luncheon, two managers were overheard arguing about the following statement: “a manager should never hire another worker if the new person causes diminishing returns” is this statement correct if so why if not, explain why not yes, this statement is correct because in some. Best answer: diminishing return is the stage of production which the increase in input should be stopped but even in this stage, the employer can still hire a new person if the value of marginal product is above the wage rate the rule is that p x mp= input price if the wage rate declines, it will hire more person.

It is also profitable if the returns is diminishing, but still higher than the worker's wage because if the marginal product revenue (pricemarginal product) is higher than marginal cost, (wage of hiring another worker) the manager can still earn profit by hiring that worker. A firm should hire until the value of the marginal product equals the marginal cost of the input q2: ch 8 (20%) suppose that a firm is currently employing 10 workers, the only variable input, at a wage rate of $100 the average physical product of labor is 25, the last worker added 10 units to total output, and total fixed cost is $5,000 a.

a manager should never hire another worker if the new person causes diminishing returns At a management luncheon, two managers were overheard arguing about the following stamen: “a manager should never hire another worker if the new person causes diminishing returns” is this statement correct. a manager should never hire another worker if the new person causes diminishing returns At a management luncheon, two managers were overheard arguing about the following stamen: “a manager should never hire another worker if the new person causes diminishing returns” is this statement correct.
A manager should never hire another worker if the new person causes diminishing returns
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