Economy, asked by LordOfNoobs4855, 1 year ago

How to calculate marginal product of labor example?

Answers

Answered by Anonymous
1

Explanation:

Marginal product of labor is a measurement of a change in output when additional labor is added. However, all other factors remain constant. To calculate marginal product of labor you simply divide the change in total product by the change in labor.

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Answered by Anonymous
10

Explanation:

Marginal product of labor is a measurement of a change in output when additional labor is added. However, all other factors remain constant. To calculate marginal product of labor you simply divide the change in total product by the change in labor.

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