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Organization production function

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Reference no: EM131704552

Explain the following in your discussion:

  • 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.

Reference no: EM131704552

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