Tag Archives: input

So from this equation you’ll be able to easily see that implies that the marginal product of labour is constructive – in other phrases, Alexei’s grade will increase with hours studied. Total mounted prices are $50 and each laborer or worker, the variable enter, is paid $10. It shall be seen from Table sixteen.1 that marginal product of labour will increase in the beginning after which diminishes. Marginal product of eighth unit of labour is zero and past that it turns into negative. After a degree whole product curve starts […]