The economics of labor markets

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Reference no: EM131301533

The Economics of Labor Markets

General Motors is the Organization

Develop a 15- to 20-slide Microsoft® PowerPoint® presentation to be presented to the CEO's executive committee that addresses how your chosen organization determines what quantity of labor to demand and what events could shift the demand and supply of that labor

How General Motors production function is related to its marginal product of labor

How General Motor marginal product of labor is related to the value of its marginal product

How General Motor marginal product is related to its demand for labor

Examples of events that could shift the demand or supply of labor and why they do so

Reasons a worker's wages might be above the level that balances supply and demand

An analysis of the impact that government policies addressing income inequity and poverty could have on labor demand or supply

Reference no: EM131301533

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