Question is: Explain how a firm values the contribution of workers to its profit

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Question is: Explain how a firm values the contribution of workers to its profitability.>

Would a profit-maximizing competitive firm ever stop increasing employment as long as marginal product is rising?style="color: rgb(204, 102, 0); font-family: verdana, arial, sans-serif; font-size: 13.600000381469727px; line-height: 22.399999618530273px;">

Explain your answer.style="color: rgb(204, 102, 0); font-family: verdana, arial, sans-serif; font-size: 13.600000381469727px; line-height: 22.399999618530273px;">

actually,  i got the answer for this:

A firm values the contribution of a worker by evaluating the worker's individual contribution to>

firm revenue. This is done by multiplying the worker's marginal product by the output price receivedstyle="color: rgb(0, 0, 255); font-family: verdana, arial, sans-serif; font-size: 13.600000381469727px; line-height: 22.399999618530273px;">

for his production. A profitmaximizing firm would never choose to operate

where marginal product is rising because hiring an additional worker would increase the

"value" a worker contributes to the firm and cost would remain constant. As such, value and

cost diverge as long a marginal product is increasing, and it is always more profitable to continue

to hire more workers.

style="color: rgb(0, 0, 255); font-family: verdana, arial, sans-serif; font-size: 13.600000381469727px; line-height: 22.399999618530273px;">

I don't still get it. Please explain more clearly. I"ll rate you 5 stars if your explanation is clear.style="color: rgb(0, 0, 0); font-family: verdana, arial, sans-serif; font-size: 13.600000381469727px; line-height: 22.399999618530273px;">

Explanation / Answer

A firm values the contribution of a worker by evaluating the worker's individual contribution to firm revenue. This is done by multiplying the worker

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