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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)

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日期:2025-06-25
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