Examples of 'marginal product' in a sentence
Meaning of "marginal product"
marginal product: In economics, the additional output produced by one more unit of input, such as labor or capital. It indicates the change in output as a result of increasing one input while keeping other inputs constant
How to use "marginal product" in a sentence
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marginal product
Think about the marginal product of labor.
Marginal product divided by the number of workers.
Wages are equal to the marginal product of labor.
The marginal product of labor and capital.
This property is called diminishing marginal product.
Represents the marginal product of labour and.
Production were rewarded according to their marginal product.
Value of the marginal product value curve.
Marginal product of labour is increasing or decreasing.
A diminishing marginal product of each input.
Marginal product and diminishing returns.
Present value of marginal product of labor.
The marginal product of capital will fall.
The offered wage is the expected marginal product.
Is the marginal product of the factor of production.
See also
Total product divided by marginal product.
Here the marginal product is constant.
This reflects the property of diminishing marginal product.
So the marginal product of labor is five.
This is called the marginal product.
The marginal product of labor is directly related to costs of production.
This is called as diminishing marginal product.
Labor and marginal product revenue.
What we saw between average product and marginal product.
Marginal product of labor is constant.
The second derivative of the marginal product curve.
The marginal product of capital.
Calculate the value of the marginal product of each worker.
The marginal product of the sixth worker must be negative.
Paid their marginal product.
Marginal product is marginal product.
We are going to use diminishing marginal product.
Increasing marginal product of workers.
It is equal to the sum of average product and marginal product.
The marginal product of and are.
The input is given as the value of marginal product marginal product of.
A decreasing marginal product tells us that marginal cost must be rising.
It can be roughly considered to be equivalent to the marginal product of new capital.
Of the marginal product of labor.
Explain the relationship between average product and marginal product.
Relation to marginal product.
The marginal product of one input depends on the quantity of other inputs.
Decreasing marginal product.
The marginal product of labor is greater than the average product of labor.
The wage equals the value of the marginal product of labor.
The marginal product of labor and the average product of labor are both increasing.
Allocate workers so that the marginal product of labor is the same in both.
The former ceases once rural producers are paid their marginal product.
You can see that the marginal product of labour decreases with.
The marginal revenue product of labor is related to the marginal product of labor.
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