marginal productivity theory
- marginal productivity theory
эк. теория предельной производительности
See:
marginal productivity, marginal productivity of capital, marginal productivity of labour, law of diminishing marginal product, Malthus, Thomas Robert, Malthus, Thomas Robert, Malthus, Thomas Robert, Malthus, Thomas Robert, Malthus, Thomas Robert, Malthus, Thomas Robert, Malthus, Thomas Robert
Англо-русский экономический словарь.
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marginal productivity theory — In economics, the theory that firms will pay a productive agent only what he or she adds to the financial earnings of the firm. Developed by writers such as John Bates Clark and Philip Henry Wicksteed at the end of the 19th century, marginal… … Universalium
Marginal revenue productivity theory of wages — The marginal revenue productivity theory of wages, also referred to as the marginal revenue product of labor and the value of the marginal product or VMPL, is the change in total revenue earned by a firm that results from employing one more unit… … Wikipedia
marginal — marginality, n. marginally, adv. /mahr jeuh nl/, adj. 1. pertaining to a margin. 2. situated on the border or edge. 3. at the outer or lower limits; minimal for requirements; almost insufficient: marginal subsistence; marginal ability. 4. written … Universalium
theory — /thee euh ree, thear ee/, n., pl. theories. 1. a coherent group of general propositions used as principles of explanation for a class of phenomena: Einstein s theory of relativity. 2. a proposed explanation whose status is still conjectural, in… … Universalium
Productivity — in economics refers to measures of output from production processes, per unit of input. Labor productivity, for example, is typically measured as a ratio of output per labor hour, an input. Productivity may be conceived of as a measure of the… … Wikipedia
Marginal product of labor — In economics, the marginal product of labor also known as MPL or MPN is the change in output from hiring one additional unit of labor. It is the increase in output added by the last unit of labor.[1] Ceteris paribus that no other inputs to… … Wikipedia
Marginal utility — In economics, the marginal utility of a good or service is the utility gained (or lost) from an increase (or decrease) in the consumption of that good or service. Economists sometimes speak of a law of diminishing marginal utility, meaning that… … Wikipedia
Theory of the firm — The theory of the firm consists of a number of economic theories that describe the nature of the firm, company, or corporation, including its existence, behavior, structure, and relationship to the market.[1] Contents 1 Overview 2 Background … Wikipedia
distribution theory — ▪ economics Introduction in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production land, labour, and capital. Traditionally, economists have studied how the costs of … Universalium
wage theory — ▪ economics portion of economic theory that attempts to explain the determination of the payment of labour. A brief treatment of wage theory follows. For full treatment, see wage and salary. The subsistence theory of wages,… … Universalium
Marginal cost — A typical marginal cost curve with marginal revenue overlaid In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing one more unit of a… … Wikipedia