Capstone Papers-Organization’s production function is related to its marginal product of labor
Select an organization with which your team members are familiar or an organization where one or more work or have worked.
- How your organization’s production function is related to its marginal product of labor.
- How your organization’s marginal product of labor is related to the value of its marginal product.
- How your organization’s marginal product is related to its demand for labor
- Examples of events that could shift the demand or supply of labor and why they do so.
- Reasons a worker’s wages might be above the level that balances supply and demand.
- An analysis of the impact that government policies addressing income inequity and poverty could have on labor demand or supply
