At a management luncheon, two managers were overheard arguing about the following statement: "A manager should never hire another worker if the new person causes diminishing returns." Is this statement correct? If so, why? If not, explain why not.© BrainMass Inc. brainmass.com October 10, 2019, 3:16 am ad1c9bdddf
It is a correct statement up to a certain point. If hiring a new worker causes profits to go down due to the fact that the new worker's salary exceeds the profit increase from increased ...
The expert examines hiring a new worker and diminishing returns.