Suppose marginal product of labor is currently equal

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Suppose the marginal product of labor is currently equal to its average product. If you were one of 10 new workers the firm was about to higher, would you prefer to be paid the value of your average product or the value or your marginal product? Would it be in the interests of an employer to pay you the value of your average product?

Reference no: EM131095098

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Suppose marginal product of labor is currently equal : Suppose the marginal product of labor is currently equal to its average product. If you were one of 10 new workers the firm was about to higher, would you prefer to be paid the value of your average product or the value or your marginal product? Woul..

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