It is the product of the marginal physical product of labor in industry Y ([[MPP.sub.L].sup.Y]) and the total amount of labor. Import quotas, foreign capital and income distribution The marginal physical product is the addition to output made by the last worker hired. Wage inflation and...
Themarginalrevenueproductoflaboris Instructor: Hirofumi Shimizu Economics 101 Section 8 Third Midterm Exam Fall 1999 Exam 3A Mark the one best answer to each of the following 30 multiple choice questions on the answer sheet.Be sure to mark the answer by the corresponding question number on the ...
a(c) Marginal product is greater than average product for the second and the third worker, and average product rises as these two workers are hired. (c) 因为这二名工作者雇用,边际产品是大于平均值产品为二个和第三名工作者和平均产品上升。[translate]...
The marginal physical product (MPP) concept is of little use in Post Keynesian economics because it is an integral part of the neoclassical theory of value, distribution, and output which Post Keynesian analysis rejects. Keynes wrote the General Theory to overthrow the neoclassical theory of output...
(c)marginalrevenueproductoflabor(MRPL)=wage.(d)marginalrevenueproductoflabor(MRPL)=theproduct'sprice.3.Marginalproductoflabor(MPL)multipliedbytheproduct'sprice(P)equals(a)marginalrevenueproductoflabor.(b)marginalphysicalproductoflabor.(c)marginalrevenue.(d)marginalcost.4.Supposethatwomenarediscouragedfrom...
the marginal physical product of labor 4 When L’ units of labor are used, the marginal physical product of labor is 5 units of output, as we see from the slope of the total product curve between points a and b. Labor (L) 0 Output (Q) 10 20 15 Labor (L) 0 Marginal Physical ...
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有时称作边际物质产品(Marginal physical product)。 518、Marginal product theory of distribution 分配的边际产品理论 由约翰•B•克拉克提出的一种收入分配理论。根据该理论,每一生产性投入依据其边际产品获得相应的报酬。 519、Marginal propensity of consume( MPC) 边际消费倾向 可支配收入增加一美元时人们消费...
acatch sb off one's guard 抓住sb一.的卫兵[translate] a对一个价格执行企业来说,他的要素的边际产品收益等于边际物质产品乘以产出的 Carries out the enterprise to a price, his essential factor marginal product income was equal to the boundary physical product is multiplied by delivers[translate]...