Is the change on the output of hiring one more worker as opposed to the last worker who was hired or fired. As a result which measures the output of the margin.
Graphically illustrate and explain the relationship between marginal productivity of labour and the demand for labour .
When marginal productivity is diminished, the cost of productions can decrease if the marginal costs for making an extra product is larger than the marginal revenue for that 1 extra unit product.
Marginal revenue is the change in total revenue over the change in output or productivity.
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Marginal and Average productivity increases when technological innovations are introduced into production process.
How importance is the concept of communication to cooperate productivity
the impact of produvtivity
oWhat is the relationship between Marginal Productivity of Labour and Labour welfare
In fact, the Hammurabi code has rules on the use of money and banking, concepts of efficiency, disapproval of negligent behavior, concept of equity and wage and marginal productivity.
In fact, the Hammurabi code has rules on the use of Money and Banking, Concepts of Efficiency, Disapproval of Negligent Behavior, Concept of Equity and Wage and Marginal Productivity.
Marginal labour productivity.
Average and marginal productivity are analytical tools used to measure the output of labor in order to evaluate current production ability and improve future capacity. Average productivity is the total production involved in a process divided by the number of variable unit inputs employed. It is what each employee produces. Marginal productivity is the increase in the rate of output created by adding one more unit of the input while maintaining the same constant inputs.