You are an employer seeking to fill a vacant position on an assembly line.

1. Are you more concerned with the average product of labor or the margin” rel=”nofollow”>inal product of labor for the last person hired? If you observe that your average product is just begin” rel=”nofollow”>innin” rel=”nofollow”>ing to declin” rel=”nofollow”>ine, should you hire any more workers? What does this situation imply about the margin” rel=”nofollow”>inal product of your last worker hired?
2. What types of decisions are you goin” rel=”nofollow”>ing to be makin” rel=”nofollow”>ing about your company in” rel=”nofollow”>in terms of how many workers to hire?

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