|
|
|
|
|
Social Science Categories
|
| Definition Of: |
Marginal Productivity
The additional output obtained by adding an additional unit of a productive resource, such as labor. More precisely, marginal productivity is the change in total output divided by the change in the amount of the productive resource employed. marginal productivity = change in total output change in amount of productive resource
|
| |
Environmental Economics Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
|
Page Number:
1 A: Page 1 of 1.
|
|
|
| Copyright © 2008 socialsciencedictionary.com. All rights reserved. |
|
|