What marginal costs and benefits might a retail business owner have to consider when trying to decide whether to stay open an additional hour?

Question

asked Feb 4, 2021 109k views

1 Answer

Nahidf · Answer 1 · 2021-02-08T13:11:31+0000

Answer:

the marginal product of labor - the increase in productivity they bring

the marginal cost of hiring them - how much they will have to pay them

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