
S E4: Core Principle 3 - The Marginal Principle - Just One More?
Think Like An Economist
How Much Does Each Worker Add to Your Costs?
Samer hires three baristers. We want to see if this is a wise choice. So basely, we're saying he should keep hiring as long as the marginal benefit from an extra worker is more than the marginal cost of each worker. Would you know how much each worker adds to your costs? Each worker during a six hour shift costs a hundred and four dollars, including taxes.
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