Apple's Determination on What Quantity of Labor to Demand and What Events Could Shift the Demand and Supply of Labor

Apple’s Determination on What Quantity of Labor to Demand and What Events Could Shift the Demand and Supply of Labor
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Apple’s Determination of What Quantity of Labor to Demand and What Events Could Shift the Demand and Supply of Labor
Apple Production in Relations to Marginal Product of Labor
The marginal product of labor refers to the change of output once there is increased labor in the organization. In Apple Inc, an increase in labor leads to increased production due to the employment of highly qualified individuals. It is essential for the management to have an insight on the effect of the marginal product of labor in the performance of the business (Dobbelaere, Kiyota & Mairesse 2015). The staffs employed are required to ensure that there is a stable performance through increased profitability of the business. Apple provides that there is controlled wage implementation to ensure that the staff adds value to the company.
Apple Marginal Product of Labor
Apple marginal product of labor aims at increasing the number of technological products in the market. It is essential to identify the performance of the business when there is a new employee to ensure that the cost of production does not exceed the expected revenue. The revenue from production is required to ensure that it is increased through the employment of new employees for the company (Petrosky-Nadeau & Wasmer 2015). The Apple Inc has executives that have required leadership skills to ensure that there is increased production of the company. The staffs are selected based on the skills and knowledge to contribute towards the achievement of set objectives of production.
Apple Marginal Product of Labor Relations to Demand Labor
The Apple marginal product of labor increases with the demand for labor for consumer satisfaction in the market. The marginal product of labor is required to increase the production in the similar proportion or more for a stable performance of the business. The new employees are required to offer increased performance for the company. According to Apple Inc (2017), the demand for labor in Apple Inc is supposed to consider the needs and desires of targeted consumers. An increase in demand for Apple Inc. products requires the management to execute plans that will offer an increased number of employees in the market. Apple margin product of labor is supposed to be beneficial to the production levels of the business for a steady production in the technology market.
Shift of Demand and Supply
The shift of demand and supply is experienced when there is a large change in quan...