marginal product การใช้
- Diminishing returns occur when the marginal product of the variable input is negative.
- When the marginal product of labor is increasing, this is called increasing marginal returns.
- It can be considered to be equivalent to the marginal product of new capital.
- Diminishing marginal returns means that the marginal product of the variable input is falling.
- Modern economics theorises productivity in terms of the marginal product of the factors of production.
- The marginal product line shifts upwards to the right, that is to "'N1 " '.
- "Marginal products are being weeded out, " he said.
- It can be roughly considered to be equivalent to the marginal product of new capital.
- When the marginal product of labor becomes negative, it is known as negative marginal returns.
- Therefore, marginal cost is simply the wage rate w divided by the marginal product of labor
- However, as the number of workers increases, the marginal product of labor may not increase indefinitely.
- Because each worker has more capital goods to work with, his or her marginal product rises.
- The offered wage is the expected marginal product.
- Under certain assumptions, the production function can be used to derive a marginal product for each factor.
- As more and more of variable input ( labor ) is employed, marginal product starts to fall.
- We know that the MRTS is equal to the ratio of the marginal products of the two inputs.
- I'd dispute this; personally I'd argue that the wage these bankers receive isn't tied to their marginal product.
- The discussion stems from the economic theory that capital flows act to equalize marginal product of capital across nations.
- Profits can be maximised when the marginal product of labour equals the wage rate ( marginal cost of production ).
- In summation, the savings rate times the marginal product of capital minus the depreciation rate equals the output growth rate.
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