Question

Explain how an organization's production function is related to its marginal product of labor?

Explain how an organization's marginal product of labor is related to the value of its marginal product?

Explain how an organization's marginal product is related to its demand for labor?

What are some examples of events that could shift the demand or supply of labor, and why they do so?

What are some reasons why a worker's wages might be above the level that balances supply and demand?