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Diminishing Marginal Utility : Workplace

In the workplace you will often see diminishing marginal utility, where the utility (satisfaction experienced per hour of work) experienced by workers drops as they perform their jobs over time. As a manager, what are some practical things you could do to raise utility for employees that also benefit the firm? In your answer use a company you currently work for or one you worked for in the past.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M927710

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