Russell and Joe have hired Maria to help cook in their restaurant. Maria had previously owned her

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Russell and Joe have hired Maria to help cook in their restaurant. Maria had previously owned her own breakfast business. Her speed in cooking was well-known. Russell and Joe have been surprised that her productivity has fallen significantly since she became their paid employee. Use the economic view of behavior and marginal analysis to provide a potential explanation for Maria’s reduced productivity.

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Managerial Economics and Organizational Architecture

ISBN: 978-0073523149

6th edition

Authors: James Brickley, Clifford W. Smith Jr., Jerold Zimmerman

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