marginal product of labour 劳动的边际产量 diminishing marginal product 【经】边际产量递减 marginal social net product 边际社会净产值 marginal revenue product 边际生产收入,边际生产收益量,边际收入产品,边际收益产品 marginal output curve 边际产量曲线 marginal product operation 边际产品生产 marginal val...
marginal cost and revenue 边际费用和边际收入 marginal production revenue 边际生产收益 marginal factor revenue 边际生产要素收益 marginal revenue curve 边际收入曲线 average revenue product 平均收入产品 marginal product of labour 劳动的边际产量 相似...
Describe the social marginal cost (SMC) curve. What is the marginal product of labour (MPL)? Explain what is a multiplier in economics. Discuss why marginal analysis tends to produce more optimal outcomes when making economic choices of dealing with scarcity?
What is the marginal product of labour (MPL)? Production: The term production refers to the transformation of raw material and other inputs in the valuable output that is readily available for consumption by the consumers or buyers. Answer and Explanation: ...
Where w is the given price of the variable factor ‘labour’, ∆L/∆Q is the reciprocal of marginal product of labour which we simply write as MP. Thus, from (ii) we have, MC = w. 1/MP = w/MP…(iii) Thus, marginal cost of production is equal to the reciprocal of the...
of inferior land; AR as the MPP ofinferior land equals to the balance of IEP and IPP, andDR as the MPP of superior land equals to the balanceof MEP and IEP; All rents are created from the naturalproductive force of labour, both of them coming fromthe deduction of total surplus value....
Related to Marginal utility theory:Indifference curve ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1. marginal utility- (economics) the amount that utility increases with an increase of one unit of an economic good or service ...
a Labourmarginal 工党的边缘席位 牛津词典 This is amarginalimprovement on October... 这是对10月份的一个小小改善。 柯林斯高阶英语词典 The role of the opposition party provedmarginal. 结果显示反对党的作用微乎其微。 柯林斯高阶英语词典 The tribunals were established for the well-integrated members of...
of labour (MFC), are constant to the firm -each extra worker adds exactly his wage rate to the firm's total factor cost (seeFig. 120 (a)). The firm's MRP declines because although under competitive conditions the product price remains constant, the marginal physical product falls because ...
“marginalemployment”uptoathresholdwithoutanydeductionfromtheirbenefits.Marginalemploymentcanbeconsideredasawagesubsidyasitlowerslabourcostsforfirmsowingtoreducedsocialsecuritycontributions,andincreasesworkincentivesduetohighernetearnings.Additionalearningsduringunemploymentmightleadtohigherreservationwagesprolongingthedurationof...