File:Marginal Product of Labor1 copy.png

Page contents not supported in other languages.
This is a file from the Wikimedia Commons
From Wikipedia, the free encyclopedia

Marginal_Product_of_Labor1_copy.png(263 × 301 pixels, file size: 7 KB, MIME type: image/png)

Summary

  • 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.

Licensing

I, the copyright holder of this work, hereby publish it under the following license:
w:en:Creative Commons
attribution share alike
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.
You are free:
  • to share – to copy, distribute and transmit the work
  • to remix – to adapt the work
Under the following conditions:
  • attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  • share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.

Captions

Add a one-line explanation of what this file represents

Items portrayed in this file

depicts

image/png

File history

Click on a date/time to view the file as it appeared at that time.

Date/TimeThumbnailDimensionsUserComment
current16:45, 16 August 2019Thumbnail for version as of 16:45, 16 August 2019263 × 301 (7 KB)LalichiFixed the marginal product (3->4)
02:25, 18 February 2009Thumbnail for version as of 02:25, 18 February 2009266 × 281 (16 KB)Smallman12qAdded a top header.
23:28, 17 February 2009Thumbnail for version as of 23:28, 17 February 2009266 × 259 (13 KB)Smallman12qCentered the headers.
23:23, 17 February 2009Thumbnail for version as of 23:23, 17 February 2009266 × 259 (14 KB)Smallman12qI created this table for Marginal product of labor.~~~~
The following pages on the English Wikipedia use this file (pages on other projects are not listed):

Metadata