What is MARGINAL PRODUCT OF LABOR? definition of MARGINAL PRODUCT OF LABOR (Black's Law Dictionary)

What is MARGINAL PRODUCT OF LABOR? definition of MARGINAL PRODUCT OF LABOR (Black's Law Dictionary)

瀏覽:373
日期:2024-07-13
Definition of MARGINAL PRODUCT OF LABOR: With all other factors remaining constant, this is the resulting output from hiring one more worker. Output of a firm or economy as ......看更多