Difference between revisions of "Marginal product"
Jump to navigation
Jump to search
m (Reverted edits by KhalidPatel (talk) to last revision by JakeC) |
DavidB4-bot (talk | contribs) (→top: Spelling, Grammar, and General Cleanup) |
||
| (2 intermediate revisions by one other user not shown) | |||
| Line 1: | Line 1: | ||
| − | '''Marginal product''' (or '''marginal physical product''') is the increase in total output due to an increase in one unit of input. It is defined as the change in total product, divided by the change in a [[variable]] input. | + | '''Marginal [[product]]''' (or '''marginal physical product''') is the increase in total output due to an increase in one unit of [[input]]. It is defined as the change in total product, divided by the change in a [[variable]] input. |
| − | [[ | + | [[Category:Economics]] |