The marginal product of a firm is
Answers
Answered by
7
Answer:
The marginal product of capital is the additional output that results from adding one unit of capital—typically cash. This metric often applies to start-ups, who rely on private investment to get their business off the ground. The marginal product of labor is the additional output resulting from hiring another worker.
Similar questions
Economy,
1 month ago
Social Sciences,
1 month ago
Social Sciences,
2 months ago
English,
2 months ago
Chemistry,
8 months ago
Music,
8 months ago
History,
8 months ago