When a Firm Hires an Additional Worker, the Firm's Output

question 85

Multiple Choice

When a firm hires an additional worker, the firm's output and the firm's total cost________ .

• A)increases; increases
• B)decreases; decreases
• C)increases; decreases
• D)decreases; increases

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Definitions:

Internal Versus External

A comparison between factors that are inside (internal) and outside (external) of an individual or entity, which can influence behavior or outcomes.

Clarity

The quality of being easily understood, completely transparent, or clear in thought, expression, or presentation.

Routine Assignments

refer to regular, repetitive tasks or duties assigned to individuals as part of their job or daily activities.

Weak Performer

An individual who consistently fails to meet the set standards or expectations in their work or performance.