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Translations for „marginal product“ in the English » Arabic Dictionary (Go to Arabic » English)

marginal product POL

Monolingual examples (not verified by PONS Editors)

English
Adding more labor to a fixed capital stock reduces the marginal product of labor because of the diminishing marginal returns.
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It is clear that in order to maximize profit firm will expand employment level up to the level where marginal product just equals wage rate.
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For simplicity assume that productivity, as measured by marginal product of labor, in the nontradable sector is equal between countries and normalized to one.
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Profits can be maximised when the marginal product of labour equals the wage rate (marginal cost of production).
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