Big squeeze - Big Squeeze My understanding of diminishing...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Big Squeeze My understanding of diminishing marginal productivity is when you add more and more of something, eventually that additional something will decrease. If through 2001 to 2002 the workload has increased, but so has the population of temps. Also the production could eventually fall. Eventually is the key word in this definition, production may not be affected right away, but sooner or later the workers could become burned out and production would decrease. In the article it contradicts itself, in one sentence it says the ranks of temps grew 56% and in the next sentence it tells you the firm was shrinking the workforce, but was not reducing the workload. If that is the case then it seems like this case is illustrating diminishing marginal productivity by adding more and more of the workload. If the single factor is less and less as far as labor use is concerned then no that aspect does not have anything to do with diminishing marginal productivity. If the workload was being used instead of labor, then since it is referred to as more and more that would
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/30/2010 for the course ECONOMICS EC 2100 taught by Professor Dick during the Spring '10 term at National American.

Page1 / 2

Big squeeze - Big Squeeze My understanding of diminishing...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online