File:Marginal Product of Labor1 copy.png
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Marginal_Product_of_Labor1_copy.png (263 × 301 pixels, file size: 7 KB, MIME type: image/png)
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[edit]- I created this table for w:Marginal product of labor.Smallman12q (talk) 23:23, 17 February 2009 (UTC)
- There is an error for the 7th employee. The MPL should be 4 instead of 3.
- Also, the marginal product cannot be negative. If, for instance, an additional worker would decrease the production by 1 (MP= -1), the firm is better off leaving the additional worker at home (making his MP=0). The lowest value that the MP of an input can obtain is therefore 0.
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Date/Time | Thumbnail | Dimensions | User | Comment | |
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current | 16:45, 16 August 2019 | 263 × 301 (7 KB) | Lalichi (talk | contribs) | Fixed the marginal product (3->4) | |
02:25, 18 February 2009 | 266 × 281 (16 KB) | Smallman12q (talk | contribs) | Added a top header. | ||
23:28, 17 February 2009 | 266 × 259 (13 KB) | Smallman12q (talk | contribs) | Centered the headers. | ||
23:23, 17 February 2009 | 266 × 259 (14 KB) | Smallman12q (talk | contribs) | I created this table for Marginal product of labor.~~~~ |
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