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How Many People to Hire Given the MPR curve

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Uploaded by on Feb 1, 2012

Thinking about how many people it makes sense to hire. Brief discussion of a monopsony.

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LICENSE: Creative Commons (Attribution-Noncommercial-No Derivative Works).

For more information about this license, please read: http://creativecommons.org/licenses/by-nc-nd/3.0/.

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  • Ha ha, does this assume that the people hired are doing the same jobs? And that this type of job works well with that many people working on it? I feel like there's a lot of assumptions behind this premise.

  • 8:16 so Walter White from Breaking Bad felt like a half-person! Geez thanks @khanacademy

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