File:Marginal Product of Labor1 copy.png
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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.
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File history
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 17:45, 16 August 2019 | | 263 × 301 (7 KB) | wikimediacommons>Lalichi | Fixed the marginal product (3->4) |
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