New Study Reveals Key to Doubling Company Profits in Three Years
The article explores how the size of a company's operations affects the number of employees it hires. By using a mathematical model called the Cobb-Douglas Production Function, the researchers studied the relationship between labor and capital in a company. They found that by adjusting the investment in labor and capital, a company can minimize costs and increase efficiency. The study also analyzed the number of employees needed in a specific company over eight years and suggested ways to double its output in three years.