- Watch Charlie Chaplin in Modern Times. It shows what happens when the speed of the conveyor belt is the variable input and the number of workers is fixed.
- Read How to ask for a raise.
- Clifford on total and marginal product
- Clifford on marginal product and marginal cost
- Clifford on marginal, average variable, average total, and average fixed cost curves
- Clifford on wage and employment decisions for a single input
- Clifford with an example of optimal input decision for a single input
- Clifford with old AP question on productivity and employment. The last part looks at cost minimization holding output constant.
- Kahn on optimal level of employment single factor
A blog by Edward Millner for MBA, EMBA, and EMSIS students @ Virginia Commonwealth University.
Thursday, January 21, 2016
Optional material for Employment Decisions
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